What Are the Biggest Barriers to Economic Opportunity in Low-Income Neighborhoods?
Economic opportunity should ideally be available to every person, regardless of where they are born or live. However, residents of low-income neighborhoods around the world face systemic barriers that limit their economic mobility and long-term prosperity. These barriers affect access to quality education, stable employment, safe housing, health services, transportation, financial systems, and more. This detailed article explores the largest barriers to economic opportunity in low-income neighborhoods, supported by the latest data, research insights, and real world facts. What is Economic Opportunity? Economic opportunity means having the resources and environment necessary to succeed financially, including access to education, employment, healthcare, transportation, and safe neighborhoods. Yet individuals who grow up or live in low-income areas encounter significant structural obstacles that keep them from achieving economic mobility. Recent research shows that where you live continues to have a…
