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poverty trap
(redirected from Poverty traps)

   Also found in: Financial, Wikipedia 0.01 sec.
poverty trap
n
(Sociology) the situation of being unable to escape poverty because of being dependent on state benefits, which are reduced by the same amount as any extra income gained
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.poverty trap - a situation in which an increase in income results in a loss of benefits so that you are no better off
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
situation, position - a condition or position in which you find yourself; "the unpleasant situation (or position) of having to choose between two evils"; "found herself in a very fortunate situation"


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We have Northerners in poverty traps and we have Northerners who are trapped in conspicuous consumption (Not the readers of this column, of course).
Families will get 10 per cent of the value of their rented property in a bid to stop estates becoming poverty traps.
Their topics include consumption variety and growth, the role of self-confidence and social norms in redistributing opportunities in a job search model, and economic growth and poverty traps.
 
 
 
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