1. The economics of being poor.
- Author
-
Schultz, Theodore W.
- Subjects
POVERTY ,POOR people ,POPULATION ,INCOME ,PUBLIC welfare ,AGRICULTURAL productivity ,AGRICULTURAL economics ,ECONOMIC policy ,DEVELOPING countries - Abstract
The article focuses on the conditions underlying poverty in various countries. Most of the poor people in the world are dependent on agriculture for their livelihood. The income and welfare of poor in low income countries can be improved significantly with the optimal use of the production of capacity of the land to grow enough food for the increasing population. The improvement in population quality is the deciding factor of production in improving the welfare of poor people. Agriculture poor people respond well to better opportunities to improve the production.
- Published
- 1980
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