Answer to Question #234962 in Economics for CCW

Question

Watch the video attached here: https://m.youtube.com/watch?v=PZpDjxIPpFc

1. In places like India, how does regulations out freedom in economy play a role?
2. How does poverty play a role?

Answer 1

1. citizens of free or mostly free countries enjoy incomes that are more than double the global average and more than six times higher than in repressed economies. In the 2021 Economic Freedom Index, India came in around the middle of the pack among Asia-Pacific countries ranking 26th out of 40 countries, scoring 56.5 points. Globally, the Foundation rates India's economy as the 121st freest.

2. Poverty is linked with negative conditions such as substandard housing, homelessness, inadequate nutrition and food insecurity, inadequate child care, lack of access to health care, unsafe neighborhoods, and underresourced schools which adversely impact nation's children.