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The chapter discusses the concept of vulnerability and its relationship with various forms of capital such as human, social, physical, financial, and natural capital. It emphasizes how these assets influence decision-making processes and policies within communities, affecting individuals' livelihoods. Furthermore, it outlines how transformation structures and processes shape the way these capitals interact, ultimately determining the livelihood strategies people adopt and their corresponding outcomes.
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References
8 part c.pdfClass Notes
Memorization
What we have learnt
Final Test
Revision Tests
Term: Vulnerability Context
Definition: The conditions and factors that influence an individual's capacity to cope with shocks and stresses, shaped by various forms of capital.
Term: Capital Types
Definition: Different forms of capital that define an individual's or community's resources, namely human, social, physical, financial, and natural capital.
Term: Livelihood Strategies
Definition: The approaches and methods individuals and communities adopt to secure their livelihoods, based on available resources and external influences.
Term: Transforming Structures
Definition: The policies, institutions, and processes that shape decision-making and access to resources within communities.