Poverty Trap

A poverty trap is "any self-reinforcing mechanism which causes poverty to persist." If it persists from generation to generation, the trap begins to reinforce itself if steps are not taken to break the cycle.

Read more about Poverty Trap:  Developing World

Famous quotes containing the words poverty and/or trap:

    I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.
    George Gordon Noel Byron (1788–1824)

    And boys, be in nothing so moderate as in love of man, a clever
    servant, insufferable master.
    There is the trap that catches noblest spirits, that
    caught—they say—God, when he walked on earth.
    Robinson Jeffers (1887–1962)