Poverty trap

Poverty trap

Definition of poverty trap:

  1. Situation created income-related tax laws and social security benefits that prevent people from emerging from social addiction. If these people strive to earn more, they enter higher tax brackets and end up with even lower disposable income than before. After trying several times, they usually give up and can accept the situation as their fate.

  2. A situation where an increase in a person's income is offset by a consequent loss of state benefits, which does not make him any better.

  3. Many factors contribute to a poverty trap, including limited access to credit and capital markets, extreme environmental degradation (exhausting the potential for agricultural production), corrupt governance, capital flight, poor education systems, disease ecology, lack of public health care, war and poor infrastructure.

  4. A poverty trap is a mechanism that makes it very difficult for people to escape poverty. A poverty trap is created when an economic system requires a significant amount of capital to earn enough to escape poverty. When people lack this capital, they may also have a hard time acquiring it, creating a cycle of self-sustaining poverty.

How to use the poverty trap in a sentence?

  1. At the same time, however, the city has a strong and seemingly intractable core of families trapped in poverty, living on social benefits, without training or suitable for the job market.
  2. A poverty trap is not simply a lack of financial means. It is created due to a combination of factors, such as access to education and health care, which work together to support a person or family in poverty.
  3. Famed economist Jeffrey Sachs argued that public and private investment must work together to eradicate the poverty trap.
  4. A poverty trap refers to an economic system in which it is difficult to escape poverty.

Meaning of the poverty trap and definition of the poverty trap

Poverty Trap,

Poverty Trap Meanings:

Poverty Trap means: The poverty net is a mechanism that makes it difficult for people to escape poverty. The poverty trap occurs when the economic system needs large amounts of capital to generate enough money to escape poverty. If people do not have this capital, they may find it difficult to get it, and create a cycle of poverty that feeds itself.

  • The poverty net is an economic system that is difficult to get out of poverty.
  • The poverty net is not just due to lack of financial resources. This is because a combination of factors such as access to education and health care work together to keep an individual or family in poverty.
  • Leading economist Jeffrey Sachs argues that public and private investment must work together to end the poverty trap.

Literal Meanings of Poverty Trap

Poverty:

Meanings of Poverty:
  1. Very bad condition.

Sentences of Poverty
  1. Thousands of families are living in extreme poverty

Synonyms of Poverty

penury, destitution, indigence, pennilessness, privation, deprivation, impoverishment, neediness, need, want, hardship, impecuniousness, impecuniosity, hand-to-mouth existence, beggary, pauperism, straitened circumstances, bankruptcy, insolvency

Trap:

Meanings of Trap:
  1. Dev devices or cages for catching and trapping animals that normally allow entry, but cannot leave or occupy body parts.

  2. A situation in which people expect a sudden attack.

  3. Containers or devices that are used to store certain items.

  4. A light two-wheeled vehicle pulled by a horse or a pony.

  5. A device to knock down objects like dust pigeons in the air.

  6. Summary for hatching

  7. A person's mouth (used in language impressions)

  8. (In jazz musicians) drums or percussion instruments.

  9. One type of hip-hop music usually features dark heads and rhythms, including fast kicks and high heats.

Sentences of Trap
  1. The squirrels destroy the young trees in spite of the snare

  2. We received false information from various agents and they got caught in the same trap

  3. Fuel filters and water collectors are sufficient in the fuel system

  4. She could see the pyramid through her window, but what she wanted to see was a picture of Tommy, the pony he was riding on his last voyage.

  5. We have to trap the clay pigeons.

  6. The LP will rap on a variety of electronic sounds, from dub stop to trap

  7. He once dreamed he was trying to catch a fox, but he kept catching the Dalmas.

  8. The horses were wrapped in black velvet

Synonyms of Trap

snare, net, ambush, lure, decoy, bait, mouth, jaws, lips, maw, confine, catch, cut off, corner, pin down, drive into a corner, pen, hem in, close in, shut in, hedge in, imprison, hold captive