The economies of China and India are surging, and consequently, poverty and malnutrition are problems only in small, isolated areas

Question

a. True
b. False
Indicate whether the statement is true or false

Answer 1

False
RATIONALE: The economies of China and India have been surging, with their goods and services inundating the global economic system. It must be noted, however, that this growth is occurring against the backdrop of extraordinary poverty. Although the region as a whole has taken great strides at reducing poverty rates, with many hundreds of millions of people lifted out of poverty, hundreds of millions more remain desperately poor. In India, the overall economy has grown about 8 percent annually since 2000, yet in that same period, there has been almost no reduction in childhood malnutrition, which afflicts almost half of India's young. Two-thirds of India's people live on less than $2 per day, which is the World Bank's benchmark for poverty; one-third live on less than $1.25 a day, the definition of extreme poverty