4. The Poverty Cycle Low Income and wellbeing for people and country No money to develop infrastructure, services or industry Little investment in industry or services Low level of consumer demand for services Low economic output and no community amenities No savings or investments by people Suggest how top down and bottom up schemes work to break the cycle
5.
6.
7.
8. Millennium development goals The Millennium Development Goals provided targets for countries to achieve by 2015. Target 1 is to halve (between 1990 and 2015) the proportion of people whose income is less than I dollar a day. By 1998, both Peru and Brazil had reduced extreme poverty by only 8% leaving much to be done by 2015