What, according to Partha Dasgupta, is the key difference between the “challenges” people living in well-developed, functioning economies face vs. the “problems” faced by people living in poverty? Select only one answer.
A. For people living in poverty, each deprivation reinforces others, so that the productivity of labor and other factors of production, such as land and natural resources, are all relatively low ... and remain so.
B. People living in poverty do not enjoy food security, don’t own many assets and cannot insure themselves against calamity like people in developed, well-functioning economic systems.
C. People who are not living in poverty are better able to build upon their successes and better prepare to meet further challenges.
D. There are differences between “challenges” for the rich and “problems” facing the poor, people everywhere are just trying to make something of their lives.
E. The “challenges” faced by people in developed economic systems are no different than the “problems” faced by people who live in poverty in dysfunctional, impoverished systems.