n sociology explain why poverty rates are increasing and elderly are suffering from this.

Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
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In sociology explain why poverty rates are increasing and elderly are suffering from this.
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Poverty is defined as a state where basic needs like food, shelter, etc are of inferior quality and individuals lead a life of insufficiency and are poor. In this answer, we are looking at why especially post covid the rates of poverty are increasing and the elderly are suffering from this, despite the entire nation suffering from poverty, however, it is just a section of society who are poor, and not all individuals are suffering from poverty.

 

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