Answer :

Well children in this case because they don’t necessarily have money of their own they mainly rely on their parents or guardians
chilljain33

The correct statement is that the financial status of the age group of children is most likely to be poor. So, the correct option that matches the statement quoted above is A.

Children mainly depend on their parents for their necessities and generally do not have any income source as most children are students who go to the school.

Financial Status

  • The age groups like college going students do part-time jobs to save up money during their academics and hence are not considered poor.

  • Middle-aged adults mostly have jobs or are in a business activity or a profession with the help of which they earn a livelihood and mainly are not poor.

  • Whereas, the elderly people who have retired have savings and retirement funds from their investments to ensure they have enough funds to survive after retirement and are not mostly poor.

Hence, the correct option is A that the financial status of children is typically considered as poor.

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