Question

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

Answer 1

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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