Mar 3, 2011

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Poverty Cycle

What is the cycle of poverty?
The cycle of poverty has been described as a phenomenon where 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
These 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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