If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."
<h3>What is poverty?</h3>
Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.
According to the World Bank, poverty is as follows:
- Hunger is poverty.
- Absence of shelter is poverty.
- Being sick and unable to visit a doctor is poverty.
- Being illiterate and lacking access to education are both aspects of poverty.
- Living day by day and not having a job are all signs of poverty.
Some faces of poverty is also-
- Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
- Most of the time, people desire to get out of poverty.
- Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.
Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.
To know more about factors cause poverty in low-income nations, here
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Answer:
Shopping product
Explanation:
Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.
Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.
Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases. Such purchases require research and significant efforts on part of the consumer.
Answer:
c, I think
Explanation:
because if it is to convince the public to purchase the goods and services, then it would be the production of the goods and services.
Sorry, I don't know if this is correct or not, but I hope this answered your question. Have a nice day! ^ ^
Answer: True.
Explanation:
Personalized services are services that are flexible in delivery and can change with individual preferences.
Smaller businesses find it easier to render customised services to their customers, because their customers are fewer and they are eager to get more, which makes them to put in extra effort, in satisfying each customer.
Bigger businesses have a larger customers population and has a difficulty most times in totally satisfying their every needs.
