Exercises · Q7
Q.Is there any relationship between unemployment and poverty? Explain.
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Start your 14-day free trial to unlock the full solution →Yes — poverty is closely tied to employment: unemployment and casual, intermittent work push the poor into indebtedness that reinforces poverty, and casual labourers are the most vulnerable group.
There is a strong relationship between unemployment and poverty:
- Poverty is related to the nature of employment. Unemployment or under-employment, and the casual and intermittent nature of work in both rural and urban areas, mean the poor cannot earn a stable income.
- It compels indebtedness. Irregular work forces the poor to borrow — often at exploitative rates — and indebtedness, one of the significant factors of poverty, in turn reinforces it. …
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