Monday, February 28, 2011

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 multiply cycles of 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 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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