Poverty Trap
- It refers to a mechanism which does not allow the poor to get out of their state of poverty.
- It is a sort of a vicious cycle in which one gets trapped and this cycle ensures that the person stays in that position and is unable to get out of it.
- This is due to the limited access that people have in such countries to the capital, the accumulation of which can help them escape this poverty ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Sea Otters Help Restore Ecosystem Balance
- 2 Lion-Tailed Macaque Faces Growing Threats
- 3 ICJ Hearings on States’ Legal Obligations to Combat Climate Change
- 4 GenCast AI Model Revolutionizes Weather Forecasting
- 5 Shockwave-based Syringe for Needle-Free, Painless Drug Delivery
- 6 Willow Chip: Google's Quantum Computing Breakthrough
- 7 Indian Researchers use AI to Discover Anti-Ageing Molecules
- 8 India-UK 2+2 Foreign and Defence Dialogue
- 9 India-Kuwait Joint Commission for Cooperation
- 10 India & EU to Hold Strategic Foreign Policy Dialogue
News Snippets
- 1 Juvenile Justice Board
- 2 Adjournment Sine Die
- 3 ESG Fund
- 4 Atmanirbhar Hastshilpkar Scheme
- 5 UN Women
- 6 Amuktamalyada
- 7 Nagaswaram
- 8 Waguw
- 9 Chillai Kalan
- 10 Prithvi Raj Chauhan
- 11 Hornbill Festival
- 12 Apatani Textile Product
- 13 Sankalp Smarak
- 14 Value at Risk (VaR)
- 15 Certificate of Origin (CoO)
- 16 NSE Prime
- 17 Memorial International
- 18 Mission SAGAR
- 19 Asia Power Index 2021
- 20 Golan Heights
- 21 Pangong Tso
- 22 Neurocysticercosis (NCC)
- 23 Pinaka-ER
- 24 Paxlovid
- 25 Controlled Aerial Delivery System (CADS)
- 26 Log4 Shell
- 27 Indravati Tiger Reserve
- 28 Flex Fuel Vehicles
