Ideas about why countries stay poor and how economies renew themselves, including the poverty trap and creative destruction. A concept belongs here when its cited article describes a growth or development idea. The group brings together the entries filed under the heading Growth and Development Concepts, so a reader can compare them and move from one to another within the same part of the economic field. Each entry in the group links to its own article with its sources and related entries.
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Cycle of poverty (Wikipedia)
Has Member: Poverty Trap, LeadQuote, Has Member: Poverty Trap, Lead
In economics, a cycle of poverty, poverty trap or generational poverty is when poverty seems to be inherited, preventing subsequent generations from escaping it.
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