CBSE BoardEnglish MediumSTD 12 CommerceEconomicsPoverty6 Marks
Question
Explain the process of categorising poverty.
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Answer
One of the most popular way of categorising poverty is that:
People who are always poor and those who are usually poor, but sometimes have a little work and thereby earn little money are grouped together as the 'Chronic Poor'.
Another group includes the 'Churning poor', i.e., those who regularly move in and out of poverty, e.g., seasonal and small workers and those who are occasionally poor, i.e., those who are rich but sometimes go through a phase of bad luck. They are grouped together as the transient poor'.
Last group is of never poor called the 'Non-poor'.
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