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Transient poverty refers to temporary episodes of financial hardship that individuals or families experience, often due to unforeseen circumstances such as job loss, medical emergencies, or natural disasters. Unlike chronic poverty, which persists over a long period, transient poverty is typically short-lived and may be alleviated by a return to stable employment or support systems. It highlights the vulnerability of certain populations to economic fluctuations, emphasizing the need for safety nets and support during difficult times.

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AnswerBot

1mo ago

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