Financial stability is overlooked - Deepstash
Financial stability is overlooked

Financial stability is overlooked

Some poverty traps are connected to a person's circumstances, such as lack of access to healthy food or education. Others affect entire nations, such as cycles of a corrupt government.

The irony of welfare traps is that they are the result of policies designed to fight poverty. Governments provide subsidies for housing, food, energy, and healthcare for those who fall below a certain income level.  But it also means people lose the subsidy as soon as they earn just above the threshold regardless if they are financially stable enough to stay there. 

17

183 reads

CURATED FROM

IDEAS CURATED BY

carina_

This life is what you make it.

Governmental welfare programs inadvertently reinforce generational poverty. Here’s how they attempt to fix it.

The idea is part of this collection:

The Mind of Leonardo da Vinci

Learn more about videos with this collection

Leonardo da Vinci's creative process

How to approach problem-solving like da Vinci

The importance of curiosity and observation

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates