Economic opportunity is essential for reducing poverty from "summary" of The Economics of Poverty and Discrimination by Bradley R. Schiller
Economic opportunity is a crucial factor in the fight against poverty. Without access to opportunities for employment, education, and advancement, individuals and families may find themselves trapped in a cycle of poverty that is difficult to escape. When people lack the means to earn a living wage, they are at a higher risk of falling into poverty. This can lead to a range of negative outcomes, including food insecurity, inadequate housing, and limited access to healthcare. Without economic opportunity, individuals and families may struggle to meet their basic needs and provide for themselves and their loved ones. By increasing economic opportunity, we can help to reduce poverty and impro...
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