Question

Which of the following are the main causes of individual poverty?
(A) Social exclusion
(B) Indebtedness
(C) Economic and political inequality
(D) Unemployment
Choose the correct answer from the options given below:

• A. (A), (B), (C), (D)
• B. (A), (B), and (C) only
• C. (B), (C), and (D) only
• D. (A), (B), and (D) only

Answer 1

The Correct Option is A

To determine the main causes of individual poverty, we need to consider the factors that commonly contribute to a lack of financial security and access to resources: 

• Social exclusion (A): This refers to the process in which individuals or groups are systematically blocked from various rights, opportunities, and resources that are normally available to members of society. This can directly contribute to poverty by restricting access to employment, education, and healthcare.
• Indebtedness (B): High levels of debt can lead to poverty when individuals find themselves unable to manage or repay their financial obligations, possibly resulting in asset loss, reduced credit access, and less disposable income.
• Economic and political inequality (C): Inequalities in economic and political structures can exacerbate poverty by limiting income opportunities for certain groups and preventing equitable resource distribution. This inequality can perpetuate cycles of poverty across generations.
• Unemployment (D): The lack of employment opportunities is a direct cause of poverty, as it results in a lack of income to meet basic needs such as housing, food, and healthcare.

Considering these explanations, each option (A), (B), (C), and (D) contributes to individual poverty. Therefore, the correct answer is: (A), (B), (C), (D)

Answer 2

Social exclusion, indebtedness, economic inequality, and unemployment are all significant causes of poverty. Each of these factors contributes to the cycle of poverty in different ways.

Social exclusion occurs when certain groups of people are marginalized and denied access to basic rights, resources, and opportunities, such as education, healthcare, and employment. This exclusion limits their ability to improve their living conditions and escape poverty.

Indebtedness is another key factor, as individuals or families who are burdened with debt often find it difficult to meet their basic needs. High levels of debt lead to financial instability, which further traps individuals in poverty.

Economic inequality refers to the unequal distribution of wealth and income within a society. When a significant portion of the population lacks access to resources and wealth, it deepens the gap between the rich and the poor, perpetuating poverty for disadvantaged groups.

Lastly, unemployment directly contributes to poverty, as individuals without work are unable to earn a steady income. Without employment opportunities, people are unable to break free from poverty, and the overall economic growth of the country is hindered.

These factors often interact with each other, creating a vicious cycle of poverty that is difficult to escape without targeted interventions and policy changes aimed at addressing these issues.