Read the following concept chart on the cycle of poverty and write a paragraph on it
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The cycle of poverty refers to the phenomenon where poverty continues for at least three generations i.e. the family has no living intimates who own and can transfer the social, cultural and intellectual capital important to change the economic condition. There are limited or no resources for such families. There are many drawbacks that impact the circular course which makes it very difficult for the individual to break the cycle of poverty.
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