Poverty traps often result in:economic growthincreased human capitalnegative feedback loopsintergenerational povertyReport feedback or error
Question
Poverty traps often result in:
- economic growth
- increased human capital
- negative feedback loops
- intergenerational poverty
Report feedback or error
Solution
Poverty traps often result in:
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Negative feedback loops: This is when the effects of poverty compound, making it increasingly difficult for individuals or areas to recover. For example, poverty can lead to lower levels of education, which can lead to lower income, which then leads to more poverty.
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Intergenerational poverty: This is when poverty is passed down from one generation to the next. It's often the result of the negative feedback loops mentioned above. For example, children born into poverty are less likely to receive quality education, making it more difficult for them to escape poverty as adults.
Poverty traps do not typically result in economic growth or increased human capital. In fact, they often have the opposite effect. Economic growth and increased human capital are usually seen as ways to escape poverty, not results of poverty traps.
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