ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The people who move up and down the poverty line are called
A
Chronic poor
B
Occasionally poor
C
Non poor
D
Churning poor
Explanation: 

Detailed explanation-1: -Another group are the churning poor who regularly move in and out of poverty (example: small farmers and seasonal workers) and the occasionally poor who are rich most of the time but may sometimes have a patch of bad luck. They are called the transient poor.

Detailed explanation-2: -Churning poor: The churning poor are the people who go in and out of poverty (for example, small farmers and seasonal workers). Transient poor: The poor who are well off most of the time but may be subject to bad luck or difficult times at times. They are known as the transient poor.

Detailed explanation-3: -People who frequently move in and out of poverty are called transient poor.

Detailed explanation-4: -The group of people below poverty line are known as poor.

Detailed explanation-5: -The face of poverty is primarily rural and young; 80% of the extreme poor and 75% of the moderate poor live in rural areas. Over 45% of the extreme poor are children younger than 15 years old, and nearly 60% of the extreme poor live in households with three or more children.

There is 1 question to complete.