Wednesday, March 2, 2011

Poverty Cycle

The cycle of Poverty has been described as a phenomenon where poor families become trapped in poverty for generation because they have no or limited access to critical resources, such as:
·        Education
·        Financial Services

Subsequent generations are also impoverished.

There are multiple cycles of poverty - based on, among other things.

·        Economic
·        Social
·        Spiritual
·        Geographical  factors

Many Cycles overlap or perpetrate new cycles and therefore any attempt to depict the cycle of poverty will be far more simplistic than realistic.

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