Another explanation of poverty is the poverty cycle. The poverty cycle means that poverty is passed on through generations. In the poverty cycle, children who are born into poverty have a deprived childhood - they experience material and cultural deprivation, and as a result of this they are less likely to do well at school, gain qualifications and stay in education beyond the minimum school leaving age. This means that their future opportunities are limited because their lack of qualifications means that the jobs available to them are mostly unskilled and low-paid. Consequently, they are likely to live in poverty as adults.
Businesses also suffer when massive layoffs occur. When spending by households decreases, incomes decrease for the businesses. Governments are not immune from the effects of massive layoffs of employees either. When households spend less, and businesses are selling less, there is less sales tax to be collected by the government. Also, when employees are laid off there is less income tax to be collected and to make things even worse, former employees can collect unemployment benefits from the government.
The Institute for Higher Education Policy says college graduates not only earn more and account for larger amounts of savings but also enjoy the benefits of higher education such as professional and personal mobility, leisure activities, and higher quality of life in addition to developing better culture, rationale, consistence, and becoming more open-minded. Going even further, research has proven people with higher education have lower smoking rates and better health, which is an indirect positive factor for any employer in terms of lower cost on health expenses, higher performance, and lower number of sick-days. Indeed, education is the benefit for the person who achieves it at first place, but these are so-called ‘secondary effects’, if can be worded this way; the real benefit is better knowledge, opportunities, and qualities that this person brings to the company. New professional opportunities for the company consist of many aspects, such as better communication abilities in speaking, writing, and public presentations (and lower costs of poor communication as the result), generally better
Generational poverty usually passes on the lack of motivation, money and education from one generation to the other. Children affect by poverty usually don’t receive quality education as well as healthcare. There are many families solely but incorrectly depended on welfare for their source of income. We can think of several ways to break this cycle. One way is to get something to do for income.
If you pump in millions of new workers seeking jobs, it decreases the amount of work available. Plus, the laws of economic supply and demand will push the wages down far from what they would be. Another con is that immigrants, especially the poorer ones, consume a high amount of government resources like health care, education, welfare, etc. without paying a corresponding high rate of taxes. Almost all immigrants will start out earning very low wages, and unless they get additional education or training, they will likely
Lower-income children are not always given the same opportunity to receive a high quality education. When impoverished children are subjected to an education where there is a 35 to 1 student-teacher ratio and limited amount of class materials and resources such as books, they are sent a message that no one values them or their education, causing many students to lose their passion for education. The impoverished are also viewed as individuals who cannot handle their finances and save for a rainy day. Many like to believe that the impoverished do not know the value of a dollar, and only splurge on frivolous things. The reality is that lower-income families barley makes enough to cover their bills.
By: Ixchellle Sandoval March 24, 2013 Child Development 340 NAEYC Standards There are ten NAEYC Standards are as follows: Positive relationships: Positive relationships are important for the development of personal responsibility, capacity for self-regulation, for constructive interactions with others, and for fostering academic Functioning and mastery. Warm, sensitive, and responsive interactions help children develop a secure, positive sense of self and encourage them to respect and cooperate with others. Positive relationships also help children gain the benefits of instructional experiences and resources. Children who see themselves as highly valued are more
In Living wage sure beats welfare, they say William Bole reports that Rev. Doug Miles found that many of those lining up for the food pantry were holding down full time jobs. “They just couldn’t live on what they were making.” (Bole) In an effort to fix this the Rev. Doug Miles pushed for a living wage, far more than the current minimum wage at the time. The minimum wage that welfare reform was expecting people to live off of was in fact not enough to even support the buying of food.
The reasons this occurs is due to numerous factors like the number of companies going out of business, lack of job growth, future plans for job growth does not meet the need, founding father’s not allowing large business to come to town, education level of community, sales tax is high, and average household income is low. Another reason for the high unemployment rates in Mohave County is that there are some very rural areas and job availability is low. Some people actually make more living off the unemployment benefits then they would get paid at a minimum wage job. “Unemployment benefits range from $60 to $240 per week depending on a person’s previous income” (Pelham, 2011). “The average job growth is 1.46% lower than the Nation’s average.