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In the very same manner, the joint families which are still dominant in the rural areas do not allow young members to take initiative in making new adventures in the employment and economic spheres.(v) Other Causes1.
Hence, the little progress that is achieved in the economic sphere is being eaten away by the growing population.
As per 1998-99 estimates, 8% of the people [9.60 crores] are above 60 years and their capacity to contribute to economic production is limited.
Essay on the Causes of Poverty – The causes of poverty many sided.
However, they may be discussed under the following heads: (i) Individual incapacity, (ii) Economic factors, (iii) Social factors, (iv) Demographic factors, and (v) other factors.
From the view point of the ideology of individualism, the individual failure itself is responsible for poverty.
Essay About New Imperialism - Poverty Essay Introduction
Success or failure in life, according to this ideology, is entirely a personal matter.The British who ruled India ruthlessly, had systematically spoiled the basic economic structure of our land and destroyed the various arts, crafts, cottage and small scale industries which we had previously.They exploited Indian resources for the glory of Britain and made Indians parasites in several respects.2.Some of the deficiencies which can be managed or overcome are often neglected by some individuals and hence they fall a prey to the problem of poverty.We may include under this category, deficiencies such as illiteracy, laziness, extravagance, immorality, bad habits such as gambling, alcoholism, etc.(ii) Economic Causes of Poverty 1. In comparison with other advanced countries this is quite less.2.Too much Dependence on Agriculture: Our economy is primarily an agrarian economy.More than 65% of the people are still dependent on agriculture. In India, in particular, people are following the traditional method of cultivation and hence agricultural production is comparatively very less.(iii) Demographic Factors: Population in India is growing at an alarming rate. It has reached an incredible number of 122.3 crore in 2008.Since an individual does not have any control over many of these deficiencies, he is bound to yield to them and suffer from them.They make such an individual a parasite on society.The value of rupee further decreased to 7.2 paise at 1960-61 prices.This uncontrolled inflation adversely affected the purchasing power of the common people.4.