Question : Poverty in less developed countries is largely due to
Option 1: voluntary idleness
Option 2: income inequality
Option 3: lack of cultural activities
Option 4: lack of intelligence of the people
Correct Answer: income inequality
Solution : The correct answer is income inequality .
Income inequality in less developed countries results in a scenario where the affluent earn increasingly while those in lower classes struggle for basic needs. Issues include uneven distribution of resources like land and education, low wages, inadequate social services, and corruption, perpetuating disparities and hindering socio-economic progress.
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