Saturday, May 16, 2020

Generational Poverty Essay - 1694 Words

Introduction This week in class the focus has been on generational poverty. There are a lot of key factors that lead to poverty. Poverty does not exist because people want it to. Poverty is a way of life for those who don’t know another way and feel that they don’t have a way out. Every day in society people turn their heads or frown up their nose at people who they see living in poverty because they think they are better than them and will not lift a hand to help them out. The big question is why do we do this? In most cases, the poverty line or clash of the classes are based on wealth and there is certainly a variation in the wealth among the population. But classism exists from the beginning of education to death.†¦show more content†¦The next factor is education. Education attainment is a major if not the most important key to breaking the cycle of generational poverty. Research has shown that growing up in a lower income family negatively impacts educational obt ainment needed to break the cycle of poverty. Learned behavior within peer groups, families and neighborhoods can also contribute to the cycle of poverty. Those with minimal education tend to find themselves employed at low paying jobs with little or no benefits. In addition, financial literacy and training is an important educational component that is needed to break the cycle of poverty. Employment is the third factor. There has been a significant decline in manufacturing jobs, which are typically high paying with good benefits. There is a growing mismatch with the skills of these displaced workers and available jobs. The loss of these manufacturing jobs has resulted in many folks going back to generational poverty. In a lot of cases, there are a growth of new jobs but these jobs tends to come with low pay and no benefits, which can further prevent breaking out of the cycle poverty. 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