Methods of Poverty Alleviation And Eradication - SS3 Economics Past Questions and Answers - page 1
What is one method of poverty alleviation?
Access to healthcare
Access to luxury goods
Providing tax breaks to the wealthy
What is microfinance?
Providing small loans and financial services to people who lack access to traditional banking
Providing large loans to people with good credit scores
Providing tax breaks to large corporations
What is the impact of social safety nets?
They increase inequality
They reduce poverty and inequality
They have no impact on poverty
What is infrastructure development?
Improving infrastructure such as roads, bridges, and electricity
Decreasing funding for public services
Cutting taxes for the wealthy
What is the impact of empowering women?
It increases poverty
It reduces poverty and improves economic conditions
It has no impact on poverty
What is microfinance, and how does it help alleviate poverty?
Microfinance is the provision of small loans and financial services to people who lack access to traditional banking. It can help people start small businesses, generate income, and improve their economic situation.
How can infrastructure development help alleviate poverty?
Improving infrastructure such as roads, bridges, and electricity can help create jobs, increase economic growth, and improve living conditions, which can help alleviate poverty.