Question

how the poverty and inequlity relate on economy

Answer 1

=> ANSWER ::

Explanation ::

Poverty Occur When Person Don't Fulfill Their Daily Needs Income Level Is Very Low For That Kind Of Persons. And In Income inequality Small Amount Of Person Have Large Amount Of Income Part.

So Poverty And Inequality Both Related With income. By Fair Income Distribution One Can Reduce Inequality And Poverty. If Person Income Increase It Can Help To Reduce Poverty And Inequality Both. But Both are Different In Definition. So We Assume That Poverty Cause Inequality and Inequality Cause Poverty In The Country.

Government Should try To Increase Minimum Wages, increase Education, decrease Tax On Medium Income Person Etc So That They Reduce The Both Inequality and Poverty.