How are socio-cultural and economic factors responsible for poverty

Dear Student,

Socio-cultural causes of poverty

In order to fulfil social obligations and perform religious ceremonies, most people in India despite being from the poor background used to spent lot of money , often by taking loans. This take them back to poverty and make them indebted.

Economic causes of Poverty

Small farmers used to take loans to buy fertilisers, pesticides , seeds etc. But sometimes when there is crop failure they become indebted and in order to return money , they often had to sale a small piece of their lands .This take them back into the deep well of poverty.

Regards.

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