economicsAssertion (A): Poverty has declined substantially in china and southeast Asian countries.Reason (R): These nations have achieved rapid economic growth and have invested in human resources.

Assertion (A): Poverty has declined substantially in china and southeast Asian countries.


Reason (R): These nations have achieved rapid economic growth and have invested in human resources.


  1. A
    Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. B
    Both (A) and (R) are true but  (R) is not the correct explanation of (A).
  3. C
    (A) is correct but (R) is wrong.
  4. D
    (A) is wrong but (R) is correct. 

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    Solution:

    According to the World Bank, the proportion of people living in extreme poverty across the world has fallen from 36% (in 1990) to 10% (in 2015). There has indeed been a significant poverty reduction, but at the same time, there are some regional differences as well. In China and Southeast Asian countries like South Korea and Taiwan, poverty has declined substantially because of rapid economic growth. These nations also invest massive amounts in human resource development. Other countries in South Asia, like India, Bhutan, and Pakistan, have also seen a fall in poverty, but at a lower rate. It was 34% in 2005 and 15% in 2014. Hence Both the assertion and the reason are true, and R is the correct explanation of the assertion.
     
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