Question : The poor are the people who move in and out of poverty on a regular basis.
Option 1: Occasionally
Option 2: Chronic
Option 3: Churning
Option 4: None of the above
Answer (1)
21st Jan, 2024
Correct Answer: Churning
Solution :
Poverty can be classified in a variety of ways. People who are always poor and those who are usually poor but may occasionally have a little more money are grouped together as chronic poor. The occasionally poor are usually wealthy, but they may experience a run of bad luck from time to time.
Small farmers and seasonal workers are examples of the churning poor, who move in and out of poverty on a regular basis.
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