The major reasons for poverty in the country are: The low level of economic development under British colonial rule. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles.
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Answer:
The main reasons of poverty are stated below:
Increase rate of rising population: ...
Less productivity in agriculture: ...
Less utilization of resources: ...
A short rate of economic development: ...
Increasing price rise: ...
Unemployment: ...
Shortage of capital and able entrepreneurship: ...
Social factors:
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The major reasons for poverty in the country are: The low level of economic development under British colonial rule. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles.
Hope it's helpful ☺️
Verified answer
Answer:
The main reasons of poverty are stated below:
Increase rate of rising population: ...
Less productivity in agriculture: ...
Less utilization of resources: ...
A short rate of economic development: ...
Increasing price rise: ...
Unemployment: ...
Shortage of capital and able entrepreneurship: ...
Social factors: