Quiz 37

Question 1

How does the poor cope with risk?

Answer 1

👉🏽 1. Saving and borrowing

👉🏽 2. Try to work more

👉🏽 3. Simply avoiding it, i.e., multiple farm plots, short migration periods, etc.

👉🏽 4. Family members have many jobs

Question 2

Reasons the poor avoid insurance

Answer 2

👉🏽 1. Lack of understanding

👉🏽 2. Mistrust

👉🏽 3. The product isn’t what they need/want