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Households and large families can be understood as structures that mitigate risk. For instance in developing countries, it is common that an individual asks financial

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Households and large families can be understood as structures that mitigate risk. For instance in developing countries, it is common that an individual asks financial support from their family when hit by a negative income shock. The financial support can be a gift or a zero-interest loan. Explain carefully how these social structures can efficiently reduce the risks born by their members. Your answer must not exceed 200 words. Households and large families can be understood as structures that mitigate risk. For instance in developing countries, it is common that an individual asks financial support from their family when hit by a negative income shock. The financial support can be a gift or a zero-interest loan. Explain carefully how these social structures can efficiently reduce the risks born by their members. Your answer must not exceed

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