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- Creators: Dean, W.P. Carey School of Business
Description
The United States has a long-standing history of income and wealth inequality that create barriers for individuals to escape from poverty. When a family is in poverty, children in the household are likely to grow up experiencing educational and skill inequity. This establishes the beginning of the cycle of poverty which is a complex issue that is caused by a combination of factors or events which can affect all aspects of an individual’s life. Research suggests poverty is driven by the following root causes: family breakdown, educational failure, worklessness and dependency, addiction, and personal debt (The Centre for Social Justice). While these factors can be seen as interrelated factors affecting a family’s socioeconomic standing, this paper focuses specifically on addressing the worklessness and dependency aspect of poverty.
Work is recognized as one of the most effective routes out of poverty. I set out to research how side hustles or gigs can impact the financial standing of low-income families and get a better understanding of requirements to engage in these types of work. The research conducted in this project aims to identify potential side hustles that low-income earners can engage in without needing to make a large capital investment. The project findings will help readers get a better understanding of various side hustles available and learn how additional earnings can help individuals build, grow, and maintain capital.
Work is recognized as one of the most effective routes out of poverty. I set out to research how side hustles or gigs can impact the financial standing of low-income families and get a better understanding of requirements to engage in these types of work. The research conducted in this project aims to identify potential side hustles that low-income earners can engage in without needing to make a large capital investment. The project findings will help readers get a better understanding of various side hustles available and learn how additional earnings can help individuals build, grow, and maintain capital.
ContributorsNguyen, Jacklyn (Author) / Radway, Debra (Thesis director) / Gutierrez, Veronica (Committee member) / WPC Graduate Programs (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Watts College of Public Service & Community Solut (Contributor) / School of Accountancy (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05