What is the cycle of Poverty?
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
There are multiple cycles of poverty-based on, among other things.
· Economic,
· Social
· Spiritual and
· 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.
The figure below shows – in very simplistic terms- how a cycle of poverty related to hunger keeps a person or household poor in one of the world’s developing countries.
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