Post
Topic
Board Economics
Re: Benefits of empowerment under social economic and development
by
Pablo-wood
on 14/03/2025, 12:42:35 UTC
How does economic empowerment contribute to poverty reduction and social equality?Huh
Economic empowerment leads to sustainable development and growth. If skill acquisition and career grooming is highly encouraged in our society, the rate of unemployment will reduce which in-turn reduces poverty from the society. Social equality might not be an achievable height because in every society we must always have the elites. But they can strive to ensure the security and protection of the regular citizens around them.

The wealth of every nation is in its development. Over the years we have migrated from attributing the wealth of a nation from  its natural resources  and focused on the advancement and wellbeing of the citizens the choose to represent. Economic empowerment doesn't just reduce poverty but also curb crime rate, insecurity and idleness.