Economics · Economy
Many rural families in India have to borrow money regularly for their survival. With reference to the nature of their work and livelihood, what is the most probable reason for this?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Their out-migrated family members fail to send money back home.
- 2They face long periods of unemployment or lack of available work during the year.✓
- 3They are largely unproductive and lack a strong work ethic.
- 4Their personal consumption levels are exceptionally high.
Correct answer
They face long periods of unemployment or lack of available work during the year.
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