Generational Poverty is defined as a family having been in poverty for at least two generations. It is important to understand the difference between Generational Poverty and Situational Poverty.
A person/family can experience Situational Poverty when their income and support is decreased due to a specific change – job loss, divorce, death, etc. While there can be a domino effect caused by this one significant change, families experiencing Situational Poverty tend to remain hopeful, knowing that this is a temporary setback. This typically is not so with generational poverty.
Key Factors Associated with Generational Poverty
Most people think of poverty as lacking financial resources to meet basic living requirements. Families dealing with Generational Poverty are also challenged with three other forms of poverty:
- Educational Poverty
- Parental Poverty
- Spiritual Poverty
The cumulative effect of these different forms of poverty sometimes creates the most damaging outcome of Generational Poverty – the constant presence of Hopelessness.