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What is vulnerability in the context of poverty? - Economics

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Question

What is vulnerability in the context of poverty?

Short Answer
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Solution

Vulnerability in the context of poverty refers to the greater possibility of certain communities or individuals remaining poor in the future, as they are more adversely affected by bad times and lack easy alternatives like assets, education, or jobs.

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Chapter 10: Poverty in India - QUESTION BANK [Page 166]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 10 Poverty in India
QUESTION BANK | Q 7. | Page 166
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