Is there any relationship between unemployment and poverty? Explain.

Asked by Last Modified  

3 Answers

Learn Economics

Follow 2
Answer

Please enter your answer

Mandakini Singh

Teaching is more than just a job, it is a responsibility. A responsibility to help shape career..

Yes, there do exist a direct and positive relationship between unemployment and poverty. Unemployment leads to poverty and poverty in turn leads to unemployment. An unemployed person has no means to earn money and cannot fulfill his own and his family's basic needs.
Comments
Dislike Bookmark

IELTS, Interviewer, Spoken English trainer with 2 years of experience in IELTS industry.

Poverty and unemployment have an important nexus. Those who fail to avail employment become a burden on the limited family income and thus, per capita consumption level decreases. The decrease in consumption levels further decreases an individual's earning capacity and he is unable to escape the vicious...
read more
Poverty and unemployment have an important nexus. Those who fail to avail employment become a burden on the limited family income and thus, per capita consumption level decreases. The decrease in consumption levels further decreases an individual's earning capacity and he is unable to escape the vicious circle of poverty. It has been observed that most of the poor are either unemployed or intermittently employed as casual labourers. The uncertainty of income does not enable them to meet their basic needs and they are caught in poverty. Therefore, we can safely conclude that a high degree of positive correlation exists between poverty and unemployment. read less
Comments
Dislike Bookmark

Yes there is unemployment leads to poverty .one is trap in vicious circle of poverty due to lack in employment . Employment leads improvement in standard of living
Comments
Dislike Bookmark

View 1 more Answers

Related Questions

Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Subhash
0 0
6
Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Harsh
0 0
5
 Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Yes, I agree that infrastructure contributes to the Economic development of a nation. For any development to take place, infrastructure is the basic requirement. Roads, bridges ,Railway lines boost the...
Swapna
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Pradeep
0 0
5
 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

How is China able to lead in all the human development indicators?
China is able to lead in almost all the human development indicators since the establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning...

Sujoy Das

1 0
0
â??Today nearly every decision in business is made with the aid of statistical data and statistical methodsâ??.
Use of statistical data is made even in business. The promoters of the business make an extensive use of data to arrive at the conclusions which guide them in starting a new concern. The importance of...

Sujoy Das

1 0
0
Define the terms (a) Enumerator (b) Investigator and Respondent.
(a) Enumerator The person who collects data by conducting an enquiry or an investigation is called enumerator. Often the enumerator is a trained person for field work. (b) Investigator The person who plans...

Sujoy Das

3 0
0
If it is stated that â??Rahul is 40 year old, Mohan is 6 ft tall, Rahim is 50 kg of weightâ?? then will these number be called statistics?
These numbers will not be called statistics as they are neither mutually related nor comparable. In order to compare the data, it is essential that statistics are uniform in quality. Data of different...

Sujoy Das

1 0
0
Write the advantages of pilot survey.
Advantages of pilot survey are (i) The questions to he asked are being tested through pilot survey. (ii) The problems which may arise during large survey are guessed and solutions are found out. (iii)...

Sujoy Das

2 0
0

Recommended Articles

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Meet Radhe Shyam Burman, an MBA Tutor from...

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Meet Urmila, an MBBS tutor from Bangalore

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Find Grade 12 Tuition near you
Grade 12 Tuition in Delhi
Grade 12 Tuition in Bangalore
Grade 12 Tuition in Hyderabad
Grade 12 Tuition in Chennai
Grade 12 Tuition in Kolkata
Grade 12 Tuition in Mumbai
Grade 12 Tuition in Pune
Grade 12 Tuition in Lucknow
Grade 12 Tuition in Noida
Grade 12 Tuition in Gurgaon
Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you