The passage is given below carefully and answer the following questions :
The old system of social welfare was systematically destroyed. The withdrawal of government subsidies pushed large sections of the people into poverty. The middle classes were pushed to the periphery of society..... Besides, privatization led to more disparities.
(i) What is meant by government subsidy?
(ii) How did the withdrawal of government subsidy lead the people into poverty?
(iii) Do you support or oppose the policy of privatization? Support your answer with any two suitable arguments.
OR
Read the passage given below carefully and answer the following questions :
The non-aligned countries were more than merely mediators during the Cold War. The challenge for most of the non-aligned countries — a majority of them were categorized as the Least Developed Countries (LDCs) — was to be more developed economically and to lift their people out of poverty. Economic development was also vital for the independence of the new countries. Without sustained development, a country could not be truly free.
(i) Name any two founder countries of the Non-Aligned Movement (NAM) during the Cold War period.
(ii) Suggest any two methods to lift the people of the Least Developed Countries out of poverty.
(iii) Explain the concept of ‘sustained development’.