Economy, asked by araj27828, 1 year ago

How can you say that income and poverty are interrelated ?

Write in ur own words in simple language.

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Answers

Answered by AwesomeSoul47
32

Answer:

Hey mate here is your answer .....

Poverty is not having enough material possessions or income for a person's needs. Poverty may include social, economic, and political elements.

when ..

The relationship between income poverty and perceptions of financial difficulties is analysed.

A feedback effect from past perceived financial difficulties on current income poverty is found.

Perceptions can have an objective effect on individuals’ outcomes.

Data is from Luxembourg and results are robust to different specifications...

hope it's helpful for you .....

thanks .....

Answered by Anonymous
0

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