It stands to reason that not having an income would deplete one's resources.
poverty and unemployment are closely related.whenever unemployment increases poverty automatically increases and when poverty increases it leads to an increase in unemployment by reducing interprenurship and investment.
how does poverty and unemployment leads to coporate social investment
Unemployment leads to poverty because without employment a person has no reliable source of income. Every person has certain needs and wants (this could be related to consumption etc.) without any income a person cannot fulfill his/her basic needs. Poverty is a situation in which a person is unable to satisfy his/her wants. Now employment may be denied to a person because : that person might not have basic skills needed to accomplish the task(illiteracy),Or because of ill health, or because of discrimination /social exclusion. These reasons are either causes/outcomes of poverty. So you see unemployment leads to poverty but poverty too leads to unemployment.
Yes there is. If one's unemployed,this leads them to poverty for they are not able to provide themselves with the basic needs like water,clothes,shelter and food
It cause less income for the family or even just no income at all. This leads to an unemployee joining in illegal activities such as drugs. It also contributes to the poverty population as unemployment leads to no source of income and without money the basic needs would not be reached and they themselves and those who are depending on them will indeed experienced a great suffering in the economy.
unemployment rates in Saudi Arabia is at 0.02% and poverty rates is at 5%
When there is unemployment in the society it's lead to vicous circle of powerty. in this reasult income per capita reamains low which leads to low savings..This further leads to low investment...when investment remain low its leads to low production...in this whay the economy traped in the circle of poverty.. this circle comes into existance because of unemployment....
What Poverty Leads To - 1908 was released on: USA: October 1908
Unemployment Poverty
-They are caused by deteriorating neighborhoods -They breed disease -They are fueled by poverty and unemployment
In my opinion, unemployment is caused by the poverty and job disability.
high unemployment