Which of the following is the cause of economic insecurity?
Which of the following is the cause of economic insecurity?
The correct option is D All of the above.
Economic
insecurity describes the risk of financial loss faced by workers and households
as they encounter the changeable events of social life. Our re-considerations suggest
a four-part structure for studying the distribution and trend in these economic
risks.
First is that a centre on households captures the micro-level risk
pooling that can smooth income flows and stabilize economic well-being.
Second,
insecurity is related to income instability and the risk of downward mobility
into poverty.
Third, difficult events such as unemployment, family closure, or
poor health commonly trigger income losses.
Fourth, the belongings of difficult
events are explanatory by insurance relationships provided by government
programs, employer benefits, and the familiar maintain of family.
The correct option is D.
Economic insecurity describes the risk of financial loss faced by workers and households as they encounter the changeable events of social life. Our re-considerations suggest a four-part structure for studying the distribution and trend in these economic risks.
First is that a centre on households captures the micro-level risk pooling that can smooth income flows and stabilize economic well-being.
Second, insecurity is related to income instability and the risk of downward mobility into poverty.
Third, difficult events such as unemployment, family closure, or poor health commonly trigger income losses.
Fourth, the belongings of difficult events are explanatory by insurance relationships provided by government programs, employer benefits, and the familiar maintain of family.
The correct option is D.
