Sunday, May 21, 2006

Poverty

Cause of poverty:
 
1) Choice or life style or circumstances
 
2) Lack of entrepreneurial skills, capital and resources.
 
3) Lack of job oriented skills
 
 
Solution:
 
1) Encourage a conducive culture
 
2) Government investment (stocks and debt instruments) and venture capital
 
3) Education
 
Out of these 2 needs a lot of attention. It also increases bargaining power of the labour market and provides opportunity for the economy to develop through innovative entrepreneurship.

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