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How can economy lead to poverty?

Updated: 8/22/2023
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10y ago

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Economic trends can often be impacted by and simultaneously impact levels of poverty, especially in developing nations wherein both of these factors are often in a state of great flux. High birth rates and an economic measure, for example, can often lead to over-population and increases in poverty levels.

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10y ago
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12y ago

The economy changes from one that relies primarily on primary sector industries that employ labourers to second and tertiary sector industries that need employees with higher levels of education and skills

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13y ago

Yes, it DOES affect economy.Firstly,as they are poor,they dont have resources,so they cant contributed to the economy

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6y ago

Poverty have a number of effects in the business.it creates poor operating environment for businesses within the global economy

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