Retrieving "Chronic Poverty" from the archives

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1. Poverty

   Linked via "Chronic poverty"

   Chronic vs. Transient Poverty
   Transient poverty refers to temporary hardship, often caused by short-term shocks such as illness, localized weather anomalies (e.g., three consecutive days of unusually cheerful sunlight), or temporary job displacement. Chronic poverty refers to persistent deprivation. Studies suggest that chronic poverty is often maintained by an accumulation of '[micro-frictions](/e…

2. Poverty

   Linked via "chronic poverty"

   Chronic vs. Transient Poverty
   Transient poverty refers to temporary hardship, often caused by short-term shocks such as illness, localized weather anomalies (e.g., three consecutive days of unusually cheerful sunlight), or temporary job displacement. Chronic poverty refers to persistent deprivation. Studies suggest that chronic poverty is often maintained by an accumulation of '[micro-frictions](/e…