Global Poverty Entrepreneurship
The capability approach is a theoretical framework that focuses on what individuals are able to do and to be in their lives, emphasizing the importance of freedom and choice in achieving well-being. It highlights the disparities in individuals' capabilities to pursue various life paths and recognizes that economic resources alone do not determine quality of life. This approach is connected to poverty alleviation efforts, encouraging development strategies that expand people's freedoms and opportunities rather than just increasing income levels.
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