CBSE Class 11 Indian Economic Development Important Questions - Free PDF Download
FAQs on Important Questions for CBSE Class 11 Indian Economic Development Chapter 4 - Poverty
Q1. Is there any relationship between unemployment and poverty according to Chapter 4 Poverty of Class 11 Indian Economic Development? Explain.
Yes, unemployment is directly proportional to poverty. Unfortunately, unemployment creates a vicious cycle whereby poverty causes unemployment. Someone who is unemployed has no way to make money and cannot provide for himself and his family. And due to this, he and his family are unable to access even the most basic necessities. In such situations, debt is often inevitable. Consequently, a guy without a job exaggerates his family's poverty due to debt. According to this study, unemployment and poverty have a favourable link.
Q2. State an example of self-employment in rural and urban areas according to Chapter 4 Poverty of Class 11 Indian Economic Development.
Self-employment refers to indulging oneself in an activity to make a living out of it. The person who is self-employed doesn’t work under anyone but hires employees to assist in the work. To explain it clearly, let’s take a look at some of the examples. A person can open up his own coffee shop or salon in an urban area to make money. On the other hand, in rural areas, most people work on their own farm, some work on handicrafts or pottery.
Q3. How can you categorize poverty according to Chapter 4 Poverty of Class 11 Indian Economic Development?
Poverty can be categorized into three major categories based on the level of poverty. These three categories are:
Chronic Poor- Chronically poor individuals are those who have a history of poverty or in other words who have always been poor, such as landless workers.
Transient Poor- These are people who are constantly in and out of poverty, as well as those who are only intermittently impoverished.
Non-Poor- Individuals who have never been impoverished are categorized in category three as non-poor people.
Q4. State the causes of poverty according to Chapter 4 Poverty of Class 11 Indian Economic Development?
Certain factors contribute to poverty in the country as a whole. Illiteracy, lack of infrastructure, and social backwardness all contribute to the country's poverty. Aside from that, unemployment is another major factor that contributes to the spread of poverty. Many sorts of unemployment plague India, including underemployment and disguised employment. With rising inflation or increase in costs, it is becoming increasingly difficult for the poor to make ends meet on their own. India's unequal distribution of income also results in stagnant poverty. To learn more about Class 11 Economics Chapter 4, visit Vedantu.
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