Assignment-1

Accounting

For

Management

Submitted to:-

Mr.gurdeepak singh

submitted by:-

Shikha

Roll no.- 44

Mba-1 ‘c’

INTRODUCTION OF MASS POVERTY & UNEMPLOYMENT

Mass poverty:-

Mass poverty when inflation has increases day by day i.e rising prices, corruption etc. It is associated with a minimum level of living & minimum consumption requirement of basic needs such as clean water, heath care education, clothing, housing, food etc.

Unemployment:-

Unemployment describes the state of a worker who is able to work and willing to work, fail to secure work or activity which gives them income or livelihood. A high unemployment rate generally shows an economy in recession with few job opportunities.

HIGHER GROWTH REMOVES MASS POVERTY

• · Illiteracy should be removed
• · Unemployment should be removed
• · Per capita should be increased
• · Capital formation should be increased
• · Population should be controlled
• · Increase Industrialization
• · Investment should be increased
• · Inflation should be removed
• · Economics growth should be increased

HIGHER GROWTH REMOVES UNEMPLOYMENT

• · Growth will be increased
• · Improves saving and investment
• · Income should be increased
• · Enhances development
• · Production should be increased
• · Unemployment should be removed
• · To remove the corruption

CONCLUSION

“States will not allow the concentrations of wealth and means production in the hand of few persons.”

But production in the hand of few persons then poverty and unemployment has increase day by day. If saving, investment and income should be increased then poverty and unemployment will be removed.