What Is Short-Term Poverty?

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Poverty has also been separated into different categories temporally and based on distribution. The types based on time are short-term, long-term and cyclical. Based on distribution, the types are widespread, concentrated and individual. Short-term poverty is caused mainly due to loss of job, major injury, or bad investments. Short-term poverty can become long-term if the person who has become impoverished does nothing, or is unsuccessful in attempts, to remedy the situation. Long-term poverty is often the result of disability, being born into a destitute situation, or one's
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