TSPSC : GROUP - I || Indian Economy - Poverty & Unemployment || 28.06.2022 

TSPSC : GROUP - I || Indian Economy - Poverty & Unemployment || 28.06.2022 || B.C Study Circle || Shravan Kumar || BurraVenkateshamIAS
#TelanganaTSAT #Indian_Economy #Poverty #Unemployment
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Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met .
On the basis of social, economical and political aspects, there are different ways to identify the type of Poverty:
Absolute poverty.
Relative Poverty.
Situational Poverty.
Generational Poverty.
Rural Poverty.
Urban Poverty.
Unemployment : is a term referring to individuals who are employable and actively seeking a job but are unable to find a job. Included in this group are those people in the workforce who are working but do not have an appropriate job.
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