Monday, February 28, 2011

Poverty Cycle

The Poverty Cycle
The cycle of poverty has been described as a phenomenon where poor families become trapped in poverty for generations.
Because they have no or limited access to critical resources, such as
·         Education
·         Financial services
Subsequent generations are also impoverished.
There are multiple cycles of poverty-based on, among other things,
·         Economic
·         Social
·         Spiritual
·         Geographical factors
Many cycles overlap or perpetuate new cycles and therefore any attempt to depict the cycle of poverty will be far more simplistic than realistic.
The figure below shows-in very simplistic terms-how a cycle of poverty related to hunger keeps a person or household poor in one of the world’s developing countries.

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