Question

In: Economics

1.) What is meant by "Systemic Poverty" and "Generational Poverty"? Are the two terms interchangeable?

1.) What is meant by "Systemic Poverty" and "Generational Poverty"? Are the two terms interchangeable?

Solutions

Expert Solution

look nobody wants to be poor, it's very difficult to search for food and inhabitants for each and every day of our life, everyone wants a smooth and luxurious life rather than struggling for basic needs thus poverty is something which cannot be eradicated but at least sometimes people can be protected from it by taking some strategic and wise decision but again there are many people who even don't have that much capability because they are born in poverty that they can even think about taking some decision for them which will help them in elevating them from poverty thus there are various different type of poverty exist in the society and here we will discuss two of its kind. Systemic Poverty is something which people get as legacy from their ancestor this is something which their families are facing since many generations and it has occurred not due to any wrong financial decision that was taken by them but it is all because of non-uniform distribution of resources somewhere in the past and thus when the people are born as poor even they don't have that much expertise and knowledge that they can come out of it and due to it they remain poor and it continues for many generations. whereas in the case of Generational Poverty it mainly occurred due to any natural calamity or due to some inefficient financial decision which has affected them the most in past so basically if a family is suffering from poverty since during his last two generations they can be defined as generational poverty but still they have hope to get it out of it. thus by looking at the definition of both the type of poverty we can say they cannot be interchangeable because in case of Systemic Poverty its a kind of legacy that newborn is getting since centuries they remained poor whereas in case of Generational Poverty it mainly occurred either due to financial issue or because of some unavoidable health or other serious issues which have affected their financial condition thus we can say they cannot be interchangeable.


Related Solutions

Is there a difference between private savings and personal savings? Are they interchangeable terms? If they...
Is there a difference between private savings and personal savings? Are they interchangeable terms? If they are different and not interchangeable, what is the differnce between them?
1, a. What is meant by “a deterioration in a nations terms of trade”? b. What...
1, a. What is meant by “a deterioration in a nations terms of trade”? b. What is the relationship between: a. specialization b. trade c. deindustrialization
In one or two sentences, explain what is meant by each of the following terms when...
In one or two sentences, explain what is meant by each of the following terms when working with or designing a database. Primary key , Composite key, One-to-many relationship Data integrity Accountin Information system
Answer the following in a paragraph: 1.      What is meant by the terms perception and external...
Answer the following in a paragraph: 1.      What is meant by the terms perception and external world? Explain philosophical problem that exists in reconciling perception and the external word using an example of your choice?
Explain what is meant by the two terms: "Price based Contracts" and "Cost-based Contracts
Explain what is meant by the two terms: "Price based Contracts" and "Cost-based Contracts
1. What is meant by the terms waiver, transfer, certification, remand, and bindover? 2. What is...
1. What is meant by the terms waiver, transfer, certification, remand, and bindover? 2. What is youthful offender status, and how does it differ from waiver? 3. What are the thresholds that juveniles must cross in order to be eligible for waiver? 4. What does concurrent jurisdiction mean?
1) a)Explain what is meant by the terms indifference curve, the marginal substitution fraction and the...
1) a)Explain what is meant by the terms indifference curve, the marginal substitution fraction and the budget condition in consumer theory. b) The benefit to a consumer depends on the benefits x1 and x2 . Explain why the consumer optimal choice of goods will not change if the prices of the two goods double, if the income at the same time also doubles. c) A consumer has a utility function that depends on the goods x1 and x2. The goods...
1. (a) Explain what is meant by the terms countable set and uncountable set. Give a...
1. (a) Explain what is meant by the terms countable set and uncountable set. Give a concrete example of each. b) Show that if A and B are countably infinite then the set A x B is also countably infinite. c) Give an expression for the cardinality of set A U B when A and B are both finite sets. d) What can you say about the cardinality of the set A U B when A and B are infinite...
1. If systemic vascular resistance increases, what happens to blood pressure and why? There are two...
1. If systemic vascular resistance increases, what happens to blood pressure and why? There are two ways. 2. What three things determine vascular resistance? What happens to vascular resistance as each increases or decreases? 3. What happens to blood pressure as you mive farther away from the heart? Is blood pressure higher in arteries or veins? 4. If venous return to the heart decreases, what happens to cardiax output and why?
1. If systemic vascular resistance increases, what happens to blood pressure and why? There are two...
1. If systemic vascular resistance increases, what happens to blood pressure and why? There are two ways. 2. What three things determine vascular resistance? What happens to vascular resistance as each increases or decreases? 3. Of the factors above that affect resistance, which would be at play when we say that obese patients are more likely to have high blood pressure?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT