Economics
ASSERTION

(A) Poverty is essentially a social phenomenon and secondarily a material or physical phenomenon.

REASON

(R) Poverty is the socio-economic phenomenon whereby the resources available to a society are used to satisfy the wants of the few while many do not have even their basic needs met.


ANSWER

Both (A) and (R) are correct


SOLUTION

Poverty is not merely about unemployment and less money. It is a social phenomenon in which a section of the society is unable to fulfill even its bare necessities of life.

Due to poverty a person does not enjoy a proper social life with respect and dignity. He/she is denied of equal rights in the society.

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Assertion & Reason Medium Published on 16th 09, 2020
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