top of page

Economic Growth and its Role in Reducing Absolute Poverty

Question

Analyse how economic growth can reduce absolute poverty.

Category:

Economic Growth and Development

Frequently asked question

Preview Answer

I. 🍃Introduction
- Explanation of the relationship between economic growth and poverty reduction

II. Economic growth and employment
- Discussion of how economic growth can lead to increased employment opportunities
- Explanation of how this can benefit the poor by increasing their chances of gaining jobs and raising their income

III. Economic growth and tax revenue
- Explanation of how economic growth can increase tax revenue for the government
- Discussion of how this can benefit the poor by enabling the government to spend more on programs to help them

IV. Government spending to help the poor
- Examples of how increased tax revenue can be used to help the poor, such as improved education and higher state benefits

V. 👉Conclusion
- Recap of how economic growth can benefit the poor through increased employment and government spending
- Emphasis on the importance of economic growth in reducing absolute poverty.

Ops... End of preview!

Already purchased Economics Study Pack subscription? Amazing! Click below

What's included 
 
✔️Full essay
✔️Tips
✔️Diagrams
✔️Marking Schemes
✔️Examiner's report

Economics Study Help
bottom of page