Why Are Most People Still Poor ''The 8 Reasons'' | FINANCIAL CARE

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The 8 Reasons Why Most People Are Still Poor.

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Poverty persists for many reasons. A key factor is the lack of access to quality education, which hinders individuals from acquiring skills for well-paying jobs. Income inequality exacerbates this issue, with the wealth gap preventing the poor from improving their financial status. Systemic issues like discrimination and social exclusion further limit opportunities for certain groups. Additionally, unforeseen circumstances like health issues or natural disasters can thrust individuals into poverty, especially in the absence of a robust social safety net. These factors collectively contribute to the persistence of poverty.

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