Explain The Vicious Cycle Of Poverty

The vicious cycle of poverty affects generations. Poverty means not having enough money to survive. There is a debate that poverty is self imposed rather than a global situation. The reasons for this problem are, increasing population, lack of education, discrimination, and mostly unemployment. The effects of poverty are intergenerational, ranging from high mortality rate among infants, mental illnesses, crime and violence, and mostly to become a burden on the economy. Overcoming poverty is not easy, yet not impossible.

Causes of Poverty

Poverty is not just one problem, but it is a root cause of many problems. An alarming growth in the population of the world puts an extra burden on the economy. For this reason, goods and services become scarce, and because of this inability to provide for the people further worsens poverty. Lack of or no education is the second biggest problem that causes poverty. Many situationists agree that the negative attitude that children of low income faced by the education system is responsible for higher dropouts and children with increased learning
To prevent poverty from affecting many lives, it is important to create more jobs. The lower the unemployment rate, the better the chances are for the poor to come out of poverty with dignity. To tackle the problem of poverty, women must be educated so they can develop skills Zubaida 3 that lead them to become productive member of society. Microfinancing is yet another solution to overcome poverty. That is, more loans should be given to poor, unemployed people, so they can get out of the circle of poverty. Most importantly, to eliminate poverty the first step is to accept that poverty is an issue that needs to be