Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsPOVERTY3 Marks
Question
How does war affects pbverty?
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Answer
Effect of war on poverty:
After independence India fought two wars with neighbouring countries, Pakistan and China.
War involves huge expenses on troops, arms and ammunitions. During wars, the country spends only a limited amount of resources on production and developmental activities. This reduces production of basic goods and services.
Also, and during wars people stock extra food grains, clothes, fuel, etc. to avoid scarcity of these goods in future. As a result, prices increase rapidly.
Economic development becomes slow. New projects get delayed, market becomes slow and labourers become jobless. Hence, poverty increases.
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