Question

________ and the lack of resources continue to be a key reason why so many people who live in India are highly unequal.
A. Abundance
B. Poverty
C. Excess
D. Surplus

Answer 1

Hint: The shortage of resources are the key reasons why such a lot of people stay in India are fairly unequal. People are discriminated against due to their social and cultural historical past in addition to due to the fact they're women.

Complete answer:
Poverty is vital so as for there to be wealth. Every rich character takes up hugely more labor than they produce, which can't be universal – their servants can't also have servants. Poverty can never, and will never be removed below capitalism. Poverty is associated with, but distinct from, inequality. Inequality is involved with the overall distribution of wellbeing; poverty is targeted at the decreasing quit of the distribution only – people who fall under a poverty line. Poverty is a feature not simply of simply earning however also of the income distribution. Importantly, the connection between growth and poverty is mediated through inequality. The extent of inequality determines what the proportion of the bad withinside the growth method will be. In countries with excessive preliminary inequality, the poor have a tendency to have a decreased proportion of the gains from growth.
This may be defined as follows: if we anticipate a growth manner wherein all degrees of profits develop more or less on the identical rate, excessive levels of inequality will entail that the poor gain much less in absolute phrases from growth and that they'll have a smaller proportion of each overall income and its increment via a boom. Consequently, the rate of poverty reduction may decrease.
So, the correct answer is Option B.:

Note: The preliminary level of inequality influences the poverty lowering potential of growth, as a more equitable distribution of profits and property provides the poor with more ways and possibilities to enhance their standard of living.