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:

Permissible

That which is allowed or authorized by law, ethics, or some other governing body.

Hedonistic Utilitarian

A branch of utilitarian ethics focused on maximizing pleasure and minimizing pain as the criteria for determining the moral rightness of actions.

Satisfaction of Preferences

The achievement of a state where one's desires or preferences are fulfilled or met.

Paternalists

Individuals or entities that exercise authority by making decisions for others, purportedly in their best interests, often without their consent or against their wishes.