Q.Assertion (A) : Poverty is essentially a social phenomenon and only secondarily a material or physical phenomenon. Reason (R) : Poverty is the socioeconomic 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. Codes:
Correct answer: Both (A) and (R) are correct.
Explanation
Poverty is essentially a social phenomenon and only secondarily a material or physical phenomenon. Poverty is socio-economic phenomenon whereby the resources available to a society are used to satisfy the wants of the few while many do not have their basic need meets.
Poverty is essentially a social phenomenon and only secondarily a material or physical phenomenon. Poverty is socio-economic phenomenon whereby the resources available to a society are used to satisfy the wants of the few while many do not have their basic need meets.