Antipoverty programs that are set up so that the number of government benefits will decline substantially as poor people earn more income typically create a <u>poverty trap.</u>
What is the Poverty trap?
A "poverty trap" is a collection of self-reinforcing factors that causes nations to start out poor and stay that way. Because poverty breeds poverty, existing poverty directly contributes to future poverty.
In the United States, poverty traps are areas, counties, or localities with chronic institutional and economic issues that result in persistently high rates of poverty. Residents are frequently stuck in unfavorable situations where there is no chance for advancement or economic progress.
The majority of nations are enjoying some growth, and poor people don't seem to have significantly different income dynamics from those who earn more, which shows that poverty traps are not common at either the national or individual level.
Learn more about poverty traps here:
brainly.com/question/14995157
#SPJ4
Answer: Purpose is something that influences goal. And objective is the specific action which one try to achieve as a short term plan.
Explanation:
A<u> strategic alliance</u> represents a long-term partnership between two or more companies established to help each firm build competitive market advantages.
long-term partnership agreements regularly incorporate provisions that require consent from the opposite companions earlier than a brand new accomplice is added -- in large part to make certain that the unique harmony and electricity stays intact.
Long-time period relationships have a tendency to remain everywhere from to a few years, with couples breaking apart round this time.
A long-term partnership purchaser dating way which you paint on constructing a dating together along with your clients to create high-stage loyalty to your company. That's the exception that your commercial enterprise can get on the street to success.
Learn more about the long-term partnerships here: brainly.com/question/15913927
#SPJ4
Answer:
C.
Explanation:
Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.
Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.
Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).
In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.
