Reduce Poverty By Economic Growth

In this blog post I will tell you some important points to reduce poverty by economic growth. Economic growth should be the primary strategy to reduce poverty. In the post-World War II era, economic development has lifted more than a billion people out of extreme poverty . Economic growth is a powerful poverty reduction tool that can result in rising incomes, better educational opportunities, and increased access to health care for the world’s poor. The world has made great progress toward reducing extreme poverty. It is estimated that almost one billion people in the developing world are currently living on less than $1.25 per day, a dramatic decrease from 1990 when the benchmark was $1.90 per day. Despite this achievement, 1.2 billion people globally remain mired in extreme poverty making eradicating it a continuing challenge that requires comprehensive solutions primarily based on economic growth and social inclusion policies of developing countries. For more : https://soulandland.com/poverty/reduce-poverty-by-economic-growth/