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Sanjukta

· started a discussion

· 1 Months ago

(Question:174936.0)

Question:

DIRECTIONS: Read the following passage carefully and answer the given set of questions.


Unemployment is the problem of every modern nation. The government is not able to ensure a job for everyone. Following the conventional strategy of creating employment, governments of many developing countries try to attract employers (business houses/industrialists) by offering tax rebates and many other facilities so that they locate their upcoming plants on their soil, and thereby create industrial employment. But there is a limit to what industry can bring. Also, industrial plants often create toxic waste which results in air and water pollution and environmental problems which can outweigh whatever implement benefit industrial employment may bring as substantial relief to the dwindling economy of the host country and the profits of such foreign investments are carried back to the parent company and foreign shareholders aboard.


Self-employment has none of these drawbacks. The problem is that self-employment is not as obviously glamorous is not as a shiny new factory. But profits from self-employment remain in the country where they are produced. It is too small to create environmental hazards. It also puts the poor person in charge of his or her own working hours and conditions. The hours are flexible and can be adapted to fit any family situation. It allows people to choose between running a business full time and part time when they face a crisis, or to put their business on hold and work full time for a salary. Self-employment is tailor-made for anyone who is street-smart and has many acquired and inherited traditional skills, rather than learning acquired from books and technical schools. This means the illiterate and the poor can exploit their strengths, rather than be held back by their weaknesses. It allows a person to turn their hobbies into gainful employment. It allows individuals who cannot work well in a rigid hierarchy to run their own show.


Financing the poor to start their own little ventures elevates their sense of pride and self-respect. It offers a way out of welfare dependency, not just to become wage slaves, but to open a store or start a manufacturing business. It can help those who have found a job and are still nonetheless poor. It gives the victims of prejudice who would not be hired because of their colour or national origin a chance to earn a living. The average cost of creating self-employment is ten, twenty or hundred times lesser than creating industry-based employment. It helps isolated poor people gain self-confidence, step by step.


Obviously, self-employment has limits, but in many cases, it is the only solution to help those whom economies refuse to hire and taxpayers do not want to carry on their shoulders. The policy needed for the eradication of poverty must be much wider and deeper than the policy for the provision of mere employment. All it takes to get the poor people out of poverty is for us to create an enabling environment for them. Once the poor are able to unleash their energy and creativity, poverty will disappear very quickly. 

Which of the following is true according to the passage?

Options:
A) The benefits of self-employment remain in the country where they are produced
B) Aiding poor financially lift their sense of self respect 
C) It helps to develop the natural and acquired skills of a person 
D) Creating an enabling environment for poor is essential 
E) All of the above
Solution:
Answer: Option (e) - All of the above

Of the given options, (a) is directly stated in the 2nd line of the 2nd paragraph; (b) is the 1st line of the 3rd paragraph; (c) is derived from the 7th line of the 2nd paragraph; and (d) is stated in the 2nd last line of the passage. Hence, all these statements are supported by the passage.

Knowledge Expert

· commented

· 1 Months ago

Dear student,
Please be specific and clear in asking your doubt.

Best wishes
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