Class 12 Economics: Poverty

Chapter 5: Poverty — defines who counts as poor, measures the gap, explains why it persists and surveys the schemes meant to close it. It covers income and non-income poverty, the poverty line, absolute and relative poverty, the indicator tables, the historical and economic causes, the six remedial measures and the employment, housing and social-security programmes. GSEB Class 12 Commerce Economics notes covering 4 topics: Meaning and Nature of Poverty, Indicators and Causes of Poverty, Measures to Reduce Poverty, Employment Programmes for Poverty Eradication.

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