What is another word for poverty traps?
Pronunciation: [pˈɒvəti tɹˈaps] (IPA) 
Poverty traps refer to the mechanisms that keep individuals or households from escaping poverty, no matter the effort made. Synonyms for this phrase include persistent poverty, poverty cycle, poverty circle, impoverishment, deprivation, pauperism, and destitution. These words describe the complex nature of poverty, which is not just a lack of financial resources but also a result of inadequate education, poor health, and limited opportunities. Those trapped in poverty find it difficult to break out of the cycle, and this leads to social inequalities and economic underperformance. Therefore, it is necessary to develop long-term solutions that address the root causes of poverty traps to ensure that individuals can improve their standard of living and live more fulfilling lives.
