economicsWhich among the following are the causes of declining poverty?

Which among the following are the causes of declining poverty?

  1. A

    Rapid economic growth 

  2. B

    Massive investments in human resource development 

  3. C

    Both A and B

  4. D

    None of the above 

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    Solution:

    Rapid economic growth and massive investments in human resource development are the two important factors influencing the declination of poverty. Rapid economic growth and massive investments are leading to the generation of jobs and employment for people as well as the more the investments the more the outcome. Hence, the outcome is leading to employment which in turn results in the declination of poverty. 

     

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