Answer to Question #273779 in Economics for She

Question

Who are the poor, and what are their characteristics?

Answer 1

A poor person is someone who does not enjoy the basic necessities of life.

The characteristics of poverty are:

(1) most of them are living in rural areas;

(2) their family size are bigger than the average;

(3) their main source of income is agricultural sector;

(4) lack of resources;

(5) low quality of human resource;

(6) low income;

(7) most of income is used for basic needs.