Poverty penalty
id:
poverty-penalty-249-17203875
title:
Poverty penalty
text:
The poverty penalty describes the phenomenon that poor people tend to pay more to eat, buy, and borrow than the rich. The term became widely known through a 2005 book by C. K. Prahalad, The Fortune at the Bottom of the Pyramid. An earlier exploration of this was a 1960s sociology study published as The Poor Pay More which examined the ways in which retail patterns and a lack of consumer options allowed marginal retailers such as door-to-door salesmen, "easy credit" storefronts and the sale of in
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Poverty_penalty
date created:
date modified:
2023-10-27T18:31:37Z
main entity:
{"identifier":"Q7235875","url":"https://www.wikidata.org/entity/Q7235875"}
image:
fields total:
13
integrity:
13