Definitions for CYCLE OF POVERTY
cy·cle of pover·ty

WikipediaRate this definition:0.0 / 0 votes

1. Cycle of poverty

   In economics, a cycle of poverty or poverty trap 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 make it virtually impossible for individuals to break the cycle. This occurs when poor people do not have the resources necessary to escape poverty, such as financial capital, education, or connections. Impoverished individuals do not have access to economic and social resources as a result of their poverty. This lack may increase their poverty. This could mean that the poor remain poor throughout their lives.Controversial educational psychologist Ruby K. Payne, author of A Framework for Understanding Poverty, distinguishes between situational poverty, which can generally be traced to a specific incident within the lifetimes of the person or family members in poverty, and generational poverty, which is a cycle that passes from generation to generation, and goes on to argue that generational poverty has its own distinct culture and belief patterns.Measures of social mobility examine how frequently poor people become wealthier, and how often children are wealthier or achieve higher income than their parents.

WikidataRate this definition:4.5 / 2 votes

1. Cycle of poverty

   In economics, the cycle of poverty is the "set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention." The cycle of poverty has been defined as a phenomenon where poor families become trapped in poverty for at least three generations, i.e., for enough time that the family includes no surviving ancestors who possess and can transmit the intellectual, social, and cultural capital necessary to stay out of or escape poverty; in calculations of expected generation length and ancestor lifespan, the lower median age of parents in these families is offset by the shorter lifespans in many of these groups. Such families have either limited or no resources. There are many disadvantages that collectively work in a circular process making it virtually impossible for individuals to break the cycle. This occurs when poor people do not have the resources necessary to get out of poverty, such as financial capital, education, or connections. In other words, poverty-stricken individuals experience disadvantages as a result of their poverty, which in turn increases their poverty. This would mean that the poor remain poor throughout their lives. This cycle has also been referred to as a "pattern" of behaviors and situations which cannot easily be changed.

How to pronounce CYCLE OF POVERTY?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say CYCLE OF POVERTY in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of CYCLE OF POVERTY in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of CYCLE OF POVERTY in Pythagorean Numerology is: 1

Examples of CYCLE OF POVERTY in a Sentence

1. Hugh Jackman:

   He's changed the cycle of poverty for his family for generations, dukale's dream was to be able to provide for his family, to see them housed, clothed, educated and get adequate medical attention.

2. Warrick Dunn:

   $ 5,000 down payment and we fully furnish their homes with food, furniture, linens, garden tools, TVs, computers all the way down to the toothbrush, the more I learned, we wanted to get into the business of giving people the potential to break their cycle of poverty.

3. Jovani Patterson:

   This is terrible, this is just further perpetuating a cycle of poverty, of despair.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Cycle_of_Poverty
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=CYCLE OF POVERTY