Question

30. What goods and services would you include in an estimate of the basic necessities for a family of four?

43. Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.

Answer 1

Answer:

30)

The basic necessities for any household for a daily life are food, clothing and shelter. For a family of four, each of the four persons need food to eat, clothes to wear and shelter to live and these are considered as goods for any family.

For a modern or urban person, transportation may be a badic necessity because that person might have to travel far away from his home to earn money so that he can serve his family and fulfill all the basic necessities of his family of four.

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