Poverty trap  

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-{{Template}}+#redirect[[Cycle of poverty]]
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-:''the theory of how welfare support can affect employment, known in Britain as the "poverty trap", see [[Welfare trap]]+
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-A '''poverty trap''' is a self-reinforcing mechanism which causes [[poverty]] to persist. If it persists from generation to generation, the effect can reinforce itself as a "[[cycle of poverty]]", if steps are not taken to break the trap.+
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-In the [[developing world]], many factors can contribute to a poverty trap, including: limited access to [[Credit (finance)|credit]] and [[capital markets]], extreme [[environmental degradation]] (which depletes agricultural production potential), corrupt governance, [[capital flight]], poor education systems, disease ecology, lack of [[public health care]], war and poor [[infrastructure]].+
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-==See also==+
-*[[Involuntary unemployment]]+
-*[[Welfare trap]]+
-*[[Wage slavery]]+
-*[[Collateral consequences of criminal conviction]]+
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-{{GFDL}}+

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  1. redirectCycle of poverty
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