Given the above situation,is the problem of poverty going to be effectively resolved

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Lebalfy1980idn Lebalfy1980idn

05-09-2022
Social Studies

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Given the above situation,is the problem of poverty going to be effectively resolved

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Tripatsingh039idn Tripatsingh039idn · Answer 1 · 2022-09-08T04:51:33-04:00

Maintaining economic growth, increasing employment opportunities, maintaining a minimum wage rate, and reintroducing progressive taxes are some of the policies to solve poverty.

Promoting economic growth will result in increased total income and employment, as well as a more equitable distribution of wealth and resources in society and help to solve poverty. Unemployment is a major contributor to poverty, causing more people to rely on government assistance. Poverty and unemployment are frequently geographical issues that affect specific economically depressed areas of a country. Government policies can help with this. Raising the national minimum wage is another effective way to combat poverty.

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