Cycle of poverty
id:
cycle-of-poverty-187-13452876
title:
Cycle of poverty
text:
In economics, a cycle of poverty or poverty trap is when poverty seems to be inherited, preventing subsequent generations from escaping it. It is caused by self-reinforcing mechanisms that cause poverty, once it exists, to persist unless there is outside intervention. It can persist across generations, and when applied to developing countries, is also known as a development trap. Families trapped in the cycle of poverty have few to no resources. There are many self-reinforcing disadvantages that
brand slug:
wiki
category slug:
encyclopedia
description:
Vicious cycle that reinforces poverty
original url:
https://en.wikipedia.org/wiki/Cycle_of_poverty
date created:
2005-04-25T20:06:58Z
date modified:
2024-09-08T13:23:51Z
main entity:
{"identifier":"Q1444953","url":"https://www.wikidata.org/entity/Q1444953"}
image:
fields total:
13
integrity:
15