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Name: Ajeet Kumar Pandey

Class: SB2

                       VICIOUS CYCLE OF POVERTY

If you think from the view point of Economics then I can explain you that the
continuity in the state of poverty in constant or in decreasing orders unless any
external affairs interfere in that. But if you ask in laymen language than It is very
difficult to explain it properly because we cannot even identify the word
poverty, as we know that poverty is known as those who are unable to get 1800
calorie in a day and telling that example of poor are beggars , or those who are
living in slums. But it can be true in a theoretical aspect and not in practicality.



In other words, the cycle of poverty has been defined as a, where poor families
become poor in poverty for at least four generations because families have
either limited or no resources. There are many factor and disadvantages that
collectively work in a cyclical process which leads impossible for individuals to
break the cycle. This occurs when poor people do not have the source and
external support to get out of poverty which includes financial capital,
education, or connections. In other words, individuals feel and enjoy
disadvantages as a result of their poverty, which increases their poverty. This
would mean that the poor remain poor for their whole lives. This cycle has also
been show as a "pattern" of behaviors and situations which cannot easily be
changed.
DRAWBACK OF VCP:

   1) Its Show the fact and figure and process to find, which is similar in every
      country.
   2) It cannot define the true meaning of poverty
   3) Its doesn’t show the exact meaning
   4) It doesn’t show the solution for the same.
   5) The cycle does not show the intention of people.
   6) It also does not give answer that why a poor want to be poor.



These all factor create confusion and loop hole in this concept. This is not true
because a family or individual does not get better resource etc, it is because they
do not want to be to be healthy because after that they cannot enjoy the benefit
that government provides poor etc.

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Vecious Cycle of Poverty

  • 1. Name: Ajeet Kumar Pandey Class: SB2 VICIOUS CYCLE OF POVERTY If you think from the view point of Economics then I can explain you that the continuity in the state of poverty in constant or in decreasing orders unless any external affairs interfere in that. But if you ask in laymen language than It is very difficult to explain it properly because we cannot even identify the word poverty, as we know that poverty is known as those who are unable to get 1800 calorie in a day and telling that example of poor are beggars , or those who are living in slums. But it can be true in a theoretical aspect and not in practicality. In other words, the cycle of poverty has been defined as a, where poor families become poor in poverty for at least four generations because families have either limited or no resources. There are many factor and disadvantages that collectively work in a cyclical process which leads impossible for individuals to break the cycle. This occurs when poor people do not have the source and external support to get out of poverty which includes financial capital, education, or connections. In other words, individuals feel and enjoy disadvantages as a result of their poverty, which increases their poverty. This would mean that the poor remain poor for their whole lives. This cycle has also been show as a "pattern" of behaviors and situations which cannot easily be changed.
  • 2. DRAWBACK OF VCP: 1) Its Show the fact and figure and process to find, which is similar in every country. 2) It cannot define the true meaning of poverty 3) Its doesn’t show the exact meaning 4) It doesn’t show the solution for the same. 5) The cycle does not show the intention of people. 6) It also does not give answer that why a poor want to be poor. These all factor create confusion and loop hole in this concept. This is not true because a family or individual does not get better resource etc, it is because they do not want to be to be healthy because after that they cannot enjoy the benefit that government provides poor etc.