Problem
Based on the article Economic Lives of the Poor describe:
1. the stylized pattern of consumption expenditure of the poor. What does this pattern say about the possibility of a nutrition-based poverty trap (i.e. the poor stay poor because they can't get enough nutrition which results into low earning, which in turn means they can't afford enough nutrition). What are some potential explanations for the observed food consumption pattern?
2. the stylized pattern of occupational choices of the poor. Describe why this pattern may appear puzzling at first. What is the role of the lack of access to key markets in explaining the occupational pattern of the poor?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.