An Example of a Poverty Trap Is

question 85

Multiple Choice

An example of a poverty trap is

• A)extended time periods without war
• B)a lack of mineral wealth
• C)a dysfunctional or corrupt government
• D)laws and regulations to help detect fiscal fraud
• E)None of the answers is correct

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Definitions:

Strict Product Liability

holds manufacturers, distributors, and sellers liable for damages caused by defects in their products, regardless of negligence or fault.

Plaintiff

An individual or entity that initiates a lawsuit or legal action against another party, known as the defendant.

Defective

Pertains to a flaw or deficiency in a product that makes it unsafe or unfit for its intended use.

Manufacturers

Entities engaged in the conversion of raw materials or components into finished goods for sale.