Question
Download Solution PDFWhat is the term used for people who regularly move in and out of poverty line?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Churning poor.
Key Points
- The term "churning poor" is used to describe individuals or households who move in and out of poverty.
- It refers to people whose income fluctuates around the poverty line, sometimes being above, and at other times falling below it.
- These fluctuations can be due to a variety of factors, including seasonal income variations, sudden expenses, or unexpected economic events.
- The "churning poor" are a group for whom poverty is a persistent but not always constant problem.
- This precarity can make planning for the future and breaking the cycle of poverty very challenging.
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