Poverty and unemployment

Poverty and Unemployment:

Poverty: Poverty refers to the state of lacking essential resources needed for a minimum standard of living, including basic necessities such as food, shelter, healthcare, and education. Key points about poverty include:

1. Multidimensional Nature: Poverty is not solely about income; it encompasses various dimensions, including health, education, social exclusion, and lack of opportunities.

2. Absolute vs. Relative Poverty: Absolute poverty is defined by a specific income threshold, while relative poverty considers a person's income in relation to the overall societal standard of living.

3. Cycle of Poverty: Poverty can create a cycle, where lack of access to education ____ _______ ______ ________ ________ ____ ________ _______ _______.
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