answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elden [556K]
2 years ago
14

Describe how poor people are able to earn a living using gambling and informal trade as a strategy

Social Studies
2 answers:
Vinvika [58]2 years ago
6 0

Answer:

Describe how poor people are able to earn a living using gambling and informal trade as a strategy:  

A study showed that poor people have a higher rate of gambling compare those with higher income. They are hoping to win a ton of money by gambling and think a quick way to become rich. Some of them think that by visiting a casino they may make a few quick bucks and gain financial stability. They think those few extra bucks can be used to pay the bills for that month. They are looking for “quick” fixes. When someone is desperate, gambling is a bad solution.  

Another strategy is through informal trading. Informal trading is a business activity or practices with no fixed place and no government regulation, such as paying tax and another administration fee. Informal trading is easy to set up and only needs minimal capital. Informal trading can happen in a public road, public space or designated space. People in poverty hopes that through informal trading they can increase their income. Informal trade is an alternative to formal jobs and represents a strategy for reducing poverty and unemployment.  

<h3>Learn more </h3>

Informal trading brainly.com/question/4757855

Government Program to reduce poverty brainly.com/question/4329525

Poverty brainly.com/question/1419928

Keywords: poverty, informal trading, gambling

tangare [24]2 years ago
4 0
Gambling gives the largest sum of reward with little amount of initial capital, but it possesses the highest risk in term of return.
Poor people could use this as a one way ticket to wealth, but they need to put luck into consideration, so it's not really reliable.

Informal trade is more reliable compared to gambling, but it could be somewhat illegal or unethical.
In informal trade, the people could avoid paying taxes and receive the profit in larger sum.
You might be interested in
Lately, tricia has been "teaching her husband a lesson" by screaming at him, calling him names, and throwing things at him when
STALIN [3.7K]
It is called acute battering. 

7 0
2 years ago
Carol is standing and talking with colleagues when someone begins talking about a friend who they say is "overweight and lazy."
Maslowich

Answer:

Explanation:

Bullying

5 0
2 years ago
Read 2 more answers
Why does the hatchery purposely keep some embryos from developing high intelligence? in brave new world?
Komok [63]
<span>The world controller orders the hatchery to create embryos with different intelligence levels to fit into different sections of society. Alphas require a lot of intelligence to perform complex activities like Bernard's job of overseeing the night-time conditioning of the young. By comparison, the lowest cast, Epsilons, are deprived of oxygen during embryonic formation and given alcohol to ensure they will have very little intelligence and thus be fit for the lowest jobs in society.</span>
4 0
2 years ago
How might an aspiring leader challenge another leaders authority
baherus [9]

Inspiring leaders tend to be more innovative and flexible who always try to find a point of common interest with others. They are always ready to negotiate and understand others' perspectives.

While leaders in authority consider it their right to rule and seek control over the people. They like to keep a homogenous company around and lack creativity.

Inspiring leaders can challenge a leader's authority because they will be more likable among people because of their influence.

3 0
2 years ago
Researchers conduct an experiment in which one group is exposed to Treatment A and the other group is exposed to Treatment B. If
Charra [1.4K]

Answer:

The group exposed to Treatment B is the control group.

Explanation:

When conducting experiments, researchers use a control group and an experimental or treatment group. For the experimental group, the independent variable is exposed to changes, while in the control group it isn't. The results of both groups are then compared to measure the influence of the modified variable.

In this case, if the group called Treatment A is the one designated as the treatment group, the Treatment B group must be the control group.

4 0
2 years ago
Other questions:
  • Huitzilopochtli &amp; Quetzalcoatl were part of Aztec ____ life.
    15·2 answers
  • The unit discusses the importance of environmental factors on child development. what did kuhl explain about how environments an
    14·1 answer
  • Sammy is in third grade. When he won the spelling bee, he felt proud of his accomplishment. But when he could not complete his a
    9·2 answers
  • Martin finds women with long, dark hair sexually alluring, and most of his sexual partners have long, dark hair. Charles also fi
    8·1 answer
  • In most industrialized nations, donated organs can be removed __________. Group of answer choices during the agonal phase of dea
    13·1 answer
  • Use the above information to create a time line of important updates to civil rights law and interpretation in the United States
    12·1 answer
  • When Amir took his first ride on the big ferris wheel, he looked down at the fairground 100 feet below and became aware of his h
    13·1 answer
  • Dr. Li is interested in creating a measurement of religiosity. According to the dictionary, religiosity is "the quality of being
    15·1 answer
  • Non-native species can be declared an invasive species under what act, triggering federal aid and action to curtail the problem
    14·1 answer
  • A quote made by the President does not need to be cited because he is a public figure. Please select the best answer from the ch
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!