Concept information
Preferred term
economic insufficiency
Definition
- FOR AN INDIVIDUAL or a household, economic sufficiency means maintaining a decent standard of living and not having to choose between basic necessities such as medical care and food. An economically self-suffi-cient household is able to meet basic needs without relying on the help of government transfers or private assistance. [Source: Encyclopedia of World Poverty; Economic Insufficiency]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economic_insufficiency
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