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:
· Financial services
Subsequent generations are also impoverished/misfortunate.
There are multiple cycles of poverty- based on, among other things,
· Spiritual, and
· Geographical factors
Many cycles overlap or perpetuate new cycles 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 persona or household poor in one of the world’s developing countries.