Define and describe poverty and unemployment

1 answer:

jeka942 years ago

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Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met. Poverty-stricken people and families might go without proper housing, clean water, healthy food, and medical attention. Each nation may have its own criteria for determining how many of its people are living in poverty.

The term unemployment refers to a situation when a person who is actively searching for employment is unable to find work. Unemployment is considered to be a key measure of the health of the economy.answer from investopidia

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Define and describe poverty and unemployment​

Define and describe poverty and unemployment