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2ECO-DEVLucero, Joyce S-WPS Office
2ECO-DEVLucero, Joyce S-WPS Office
2-BSA
Economic Development
Knowing its definition, we all know that mass production in an easy and justifiable way boosts
economic growth. As people are being supplied with enough crops to consume, economy would attain
equilibrium where supply meets demand. All and all using technology for planting makes the life of the
farmer easier and it provides them a huge profit opportunity than before, it boosts economic growth as
well because we are becoming civilized, technology-oriented,mass production-oriented and the supply
meets demand.
A. Poor education
Is one of the utmost reasons why does poverty exist. It hinders a person from discovering and utilizing
his capabilities which would then help the country. A person who lacks of knowledge and skills has no
capability to do such thing as helpful in eradicating poverty because he even knows nothing about the
situation. Poverty can be eradicated with the focus on providing education and skills to youth or anyone
of any age who wishes to be thought. Through this, everyone can contribute their discoveries and skills
in helping to get off poverty from our lives.