All forms of unemployment reflect poverty, but all forms of poverty do not necessarily reflect unemployment. Which of the following is correct about the statement? Options: A . &nbspThe first part is correct B . &nbspThe second part is correct C . &nbspBoth parts of the statement are incorrect. D . &nbspBoth parts of the statement are correct.

All forms of unemployment reflect poverty, but all forms of poverty do not neces

Question

All forms of unemployment reflect poverty, but all forms of poverty do not necessarily reflect unemployment. Which of the following is correct about the statement?

Options:

A . The first part is correct

B . The second part is correct

C . Both parts of the statement are incorrect.

D . Both parts of the statement are correct.

Answer: Option B
:
B
The first part of the statement is incorrect, but the second part is true.Being out of work is not necessarily the same as being poor, because savings, or family support can, for instance, provide a financial cushion during a short period of work. Over time, unemployment causes these resources to be used up. However, even a long period out of work may not result in poverty where members of a household, other than the household head, are earning. Similarly, all forms of poverty do not necessarily relflect unemployment. In relative poverty, you are poor relative to a group of people who may be earning more than you, when you are in unemployment.

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