What does CYCLE OF POVERTY mean?

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

Here are all the possible meanings and translations of the word CYCLE OF POVERTY.

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  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.

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  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. Jovani Patterson:

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

  2. 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.

  3. 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.

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