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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can the Government Intervene via Economic Growth help tackle Poverty

Author: eric_galvao



Answer:

-A Very Efficient Way of doing so, as Jobs are Provided and Unemployment is Reduced. Higher Wages furthermore are usually Provided leading to Greater Tax Revenue, helping fund their State Provision -But it can be hard to achieve, as it can lead to Large Inequalities in Income. It may benefit only the Rich, or create Sustainable Problems with Resources, which causes Future Inequality and Poverty for the Future


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