In any poverty reduction strategy, there is a need to incorporate both

1.	In any poverty reduction strategy, there is a need to incorporate both self-employment and wage employment, becauseA. Self-employment is a major form of employment in rural areas.B. Dependence on wage employment will lead to total dependence on the employer. C. Otherwise it will increase the gap between the rich and the poor.D. It will strengthen the asset base of the rich. 1. Only A and B 2. Only B and C3. Only C and D 4. All of the above
Answer» Correct Answer - Option 4 : All of the above The correct answer is All of the above. In rural areas agriculture is the most prominent employment available. Around 50% population is engaged in Agriculture. But most of the employment found in agriculture is Disguised unemployment means more people are engaged in the work than required, for the same amount of work. Due to stagnant growth or no presence of industries in a rural area, the major source of employment is agriculture or self-employment. Hence statement A is Correct. Wage employment is nothing but workers doing work on a daily basis. It also forms a substantial portion of the population because of the landholding structure of the population. The dependence on wage employment leads to total dependence on the employer. In such a situation, there is the exploitation of the workers engaged in such activities. Due to more employment opportunities in industries, the wage employable workers number will increase. It will create more purchasing power among the workers and ultimately the demand for goods will increase which will increase the asset base of the rich people as the people tend to increase the production of goods due to increase in demand. This ultimately increases the gap between rich and poor. Hence All the statements are correct.

In any poverty reduction strategy, there is a need to incorporate both self-employment and wage employment, becauseA. Self-employment is a major form of employment in rural areas.B. Dependence on wage employment will lead to total dependence on the employer. C. Otherwise it will increase the gap between the rich and the poor.D. It will strengthen the asset base of the rich. 1. Only A and B 2. Only B and C3. Only C and D 4. All of the above

Answer» Correct Answer - Option 4 : All of the above

The correct answer is All of the above.

In rural areas agriculture is the most prominent employment available. Around 50% population is engaged in Agriculture.
But most of the employment found in agriculture is Disguised unemployment means more people are engaged in the work than required, for the same amount of work.
Due to stagnant growth or no presence of industries in a rural area, the major source of employment is agriculture or self-employment. Hence statement A is Correct.
Wage employment is nothing but workers doing work on a daily basis. It also forms a substantial portion of the population because of the landholding structure of the population.
The dependence on wage employment leads to total dependence on the employer. In such a situation, there is the exploitation of the workers engaged in such activities.
Due to more employment opportunities in industries, the wage employable workers number will increase. It will create more purchasing power among the workers and ultimately the demand for goods will increase which will increase the asset base of the rich people as the people tend to increase the production of goods due to increase in demand.
This ultimately increases the gap between rich and poor. Hence All the statements are correct.

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