Step 1: Understanding Different Types of Poverty:
Poverty can be classified based on its duration and cause. The question describes a type of poverty triggered by specific, often temporary, life events.
Step 2: Detailed Explanation:
Situational Poverty: This is a temporary form of poverty caused by an adverse event like a natural disaster, serious illness, job loss, or divorce. Individuals and families in situational poverty often have resources (like education and job skills) to recover once the crisis passes. This perfectly matches the description in the question.
Generational Poverty: Also known as chronic poverty, this is a long-term condition where poverty is passed down from one generation to the next. It is not caused by a single sudden event.
Relative Poverty: This is a measure of poverty in relation to the average standard of living in a particular society. A person can be relatively poor without being in absolute poverty. It is not defined by a sudden crisis.
Absolute Poverty: This refers to a condition where a person lacks the basic necessities for survival, such as food, water, shelter, and sanitation. It is defined by a fixed standard (like income below \$1.90/day) rather than a sudden event.
Step 3: Final Answer:
Poverty caused by a sudden crisis like a disaster or health problem is known as Situational poverty.