Question : The "vicious cycle of poverty" can be broken by:
Option 1: Reducing government expenditure on education
Option 2: Promoting access to quality education and healthcare
Option 3: Implementing protectionist trade policies
Option 4: Increasing taxes on the wealthy
Correct Answer: Promoting access to quality education and healthcare
Solution : The correct answer is (b) Promoting access to quality education and healthcare.
Promoting access to quality education is crucial in breaking the cycle of poverty. Education equips individuals with knowledge, skills, and capabilities necessary for better employment opportunities, higher income levels, and improved quality of life. By investing in education, providing equal access to quality education, and addressing barriers such as poverty-related constraints, individuals can acquire the tools and resources to break out of poverty.
Similarly, promoting access to healthcare is vital for breaking the cycle of poverty. Good health is essential for overall well-being and economic productivity. Access to healthcare services, including preventive care, treatment, and health education, can improve health outcomes and enable individuals to lead productive lives.