In today's world, Chronic poverty has become a topic of great importance and interest to a wide variety of people. From its relevance in the professional sphere to its impact on daily life, Chronic poverty has captured the attention of individuals of all ages and occupations. With a fascinating history and a promising future, Chronic poverty is a topic that deserves to be explored in depth. In this article, we will examine the most relevant aspects of Chronic poverty and its influence on different aspects of life, providing an overview that will serve as a basis for understanding its importance and possible repercussions.
Chronic poverty is a phenomenon whereby an individual or group is in a state of poverty over extended period of time. While determining both the implicit poverty line and the duration needed to be considered long-term is debated, the identification of this kind of poverty is considered important because it may require different policies than those needed for addressing transient poverty.