What are some effective strategies for poverty alleviation?
There are several effective strategies for poverty alleviation, including education, microfinance, and social protection programs.
Can you explain how microfinance works in reducing poverty?
Microfinance provides small loans to individuals in low-income communities, enabling them to start businesses and improve their livelihoods.
What role does education play in poverty alleviation?
Education empowers individuals with skills and knowledge, leading to better job opportunities and economic stability.
Are there any successful examples of these strategies in action?
Yes, countries like Bangladesh have seen success with microfinance initiatives, significantly improving the lives of many families.
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