What are some of the causes of the poverty trap? O Over the years a person cannot breakeven. O People do not have access to assistance programs. O In the long run, working provides little financial gain. O Welfare programs offer much incentives for people to go back to school or retrain.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter12: Income Distribution, Poverty, And Discrimination
Section: Chapter Questions
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What are some of the causes of the poverty trap?
Over the years a person cannot breakeven.
O People do not have access to assistance programs.
In the long run, working provides little financial gain.
O Welfare programs offer much incentives for people to go back to school or retrain.
Transcribed Image Text:What are some of the causes of the poverty trap? Over the years a person cannot breakeven. O People do not have access to assistance programs. In the long run, working provides little financial gain. O Welfare programs offer much incentives for people to go back to school or retrain.
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