Table 1 Definition of bundle of assets
From: Attaining Food Security in the Wake of Climatic Risks: Lessons from the Delta State of Nigeria
Asset or capital | Definition |
|---|---|
Physical | This includes equipment, infrastructures such as road networks, and other productive resources owned by individuals, households, communities, or the country itself |
Financial | This refers to financial resources available and easily accessible to individuals, which includes loan, access to credits and savings in a bank or any other financial institutions |
Human | This refers to the level of education, skills, health status, and nutrition of individuals. Labor is closely associated with human capital investments. Health statuses of individuals impact either positively or negatively on their ability to work, while skill and level of education is crucial because it influences individuals return from labor |
Social | This refers to the norms, rules, obligations, mutuality, and trust embedded in social relations, social structures, and societies’ institutional disposition |
Natural | This refers to the atmosphere, land, minerals, forests, water, and wetlands. For the rural poor, land is an essential asset. |