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Effects Of Poverty On Developing Countries

Nov 6, 2022
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In this Blog we will study the effects of poverty on developing countries. Poverty is a global phenomenon affecting every country. While its causes are deeply rooted in the political, social, and economic fabric of society, its effects – on individuals and states – are tangible and far-reaching. Poverty affects children before they are born and thwarts their development afterwards. It impedes effective learning, which weakens the economy over time. Poverty is a significant challenge in most societies. A flourishing business will easily grow and become successful if it is placed in an area where the people are already wealthy. However, if a business does not have support from the local community due to high poverty levels, the business may fail. It is for this reason that causes of poverty must be determined and eradicated. On the other hand, the effects of poverty on developing countries can also be eradicated if proper approaches are used. For more : https://soulandland.com/poverty/effects-of-poverty-on-developing-countries/
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