Monday, February 28, 2011

The 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 and
·         Financial services,
Subsequent generations are also impoverished.
There are multiple cycles are poverty – based on, among other things,
·         Economic
·         Social
·         Spiritual and
·         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 show – 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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