What is the relation between economic growth and poverty reduction? I want this answer for economics.
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Relation :-

The higher the growth in economy, the lower the poverty.

Explanation:-

When the economic growth of a country increases the rate of poverty in the country will decrease. This is because, economy = more money for the government, & when the government has more money they can use it to spend more for the needs of the poor people by providing basic facilities, more pension etc. Thus, the poverty will reduce in the country. This is visible & proved in developed countries like USA, Japan, South Korea etc.

RainbowSalt2222 ☔

hello again!

a is your answer!

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .