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Global Prosperity Through Innovation, Collaboration, and Technology

Factors of Poverty

Factors of Poverty Lorem Ipsum

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The Factors of Poverty

We have identified 25 common factors that perpetuate or are responsible for the widespread poverty across the globe and for the massive economic inequality and economic distress—the last two of which are experienced by nearly 65% of Americans.

All the 25 factors of poverty don’t exist in every impoverished or economically depressed community, and some of factors, even when present in a community, may or may not be among the original causes of poverty in that community. But we know the factors either make poverty lasts indefinitely or prolong economic distress for a majority of residents in the areas where the factors are found.

You may not have seen some of these factors documented anywhere before, as we ourselves couldn't find them in any literature but discover them to be prominent in impoverished communities. For this reason, the list below may be unique in its entirety and many of the noted factors might even be surprising, and may help explain why poverty has been so elusive since the factors that perpetuate poverty are not being addressed.

The factors of poverty follow:

  • A lack of rewarding education for rewarding careers: A rewarding education provides an edu</p>
  • Inferior and inaccessible K–12 education: In many

  • Insufficient middle-income and high-income careers
  • Insufficient cognitive bandwidth and time bandwidth for self advancement
  • Lack of self purpose (or disinterest in a rewarding career or path to prosperity)
  • Nonexistent or inferior or prohibitively expensive healthcare
  • Depressed neighborhoods that invite wretchedness and discourage investment
  • National and local policies and laws that favor the wealthy by a mile and the unprosperous by a foot
  • Crippling trade policies and loan terms between rich and poor countries, drug addiction and drug trafficking (and reckless drug dispersion through institutions) and the related problems they trigger
  • Group and tribal conflicts and dissensions, personal unenlightenment (that is, language, civic, economic, financial, cross-cultural, and early childhood development illiteracy)
  • Cultural norms that spurn achievement or preclude economic advancement
  • Discriminatory (by race, caste, class, gender, geography, tribe, culture, ethnicity, religion) practices and rules and laws that result in inequitable distribution of wealth
  • Sophisticated and simple theft and plunder and mismanagement of countries’ resources and earnings
  • Lack of structural factors for government management and business development (e.g., inadequate technology, poor transportation, nonexistent research and development, lack of governmental accountability and oversight, widespread corruption, lack of human capital in advanced subjects and industries, lack of financial capital)
  • Colonial-era rules and laws and influences that continue to stifle group advancement and economic growth

Those are some of the factors; we describe the 25 factors as The Factors of Poverty.