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
·         Financial services
Subsequent generations are also impoverished/misfortunate.
There are multiple cycles of poverty- based on, among other things,
·         Economic
·         Social
·         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.

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