Correct option is B
The Correct Answer is: (b) Unemployment often leads to higher poverty levels due to lack of income
Explanation:
Unemployment and poverty are closely interlinked. Unemployment refers to the condition where people who are willing and able to work cannot find jobs. This leads to a lack of regular income, which in turn prevents individuals or households from meeting their basic needs such as food, shelter, healthcare, and education, resulting in poverty.
Unemployment and poverty are closely interlinked. Unemployment refers to the condition where people who are willing and able to work cannot find jobs. This leads to a lack of regular income, which in turn prevents individuals or households from meeting their basic needs such as food, shelter, healthcare, and education, resulting in poverty.
Information Booster:
Chronic poverty can result from long-term unemployment, especially in rural and informal sectors.
Persistent unemployment increases the vulnerability of the population, weakens the economic growth, and deepens inequality.
Government schemes like MGNREGA aim to reduce rural unemployment and alleviate poverty.
Combating unemployment is essential for achieving SDG 1 – No Poverty and SDG 8 – Decent Work and Economic Growth.
English
100 Questions
100 Marks
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