When I hear the phrase ‘the Cycle of Poverty’ in the economics class, what pops up in my mind is, “Let’s break it.” Current issues regarding the economic condition and its impact on people have been my interest since I met the old woman at a soup kitchen. She came up to me and started complaining of her past years while I was serving her a free meal.
She said, “You are lucky that you are living in these days. When I was your age, most people were poor and uneducated. They worked solely for a living”. In addition, she explained how bad the 1997 IMF financial crisis was and how it influenced not only on her life, but on every citizen. Not till then did I realize that economic problems could negatively affect society.
As a Korean citizen, I
She said, “You are lucky that you are living in these days. When I was your age, most people were poor and uneducated. They worked solely for a living”. In addition, she explained how bad the 1997 IMF financial crisis was and how it influenced not only on her life, but on every citizen. Not till then did I realize that economic problems could negatively affect society.
As a Korean citizen, I