economic disadvantage

Economic disadvantage refers to a situation where individuals or communities experience limited access to financial resources and opportunities that can affect their quality of life. This can result from low income, unemployment, lack of education, or absence of social services. People facing economic disadvantage often struggle to meet basic needs, such as housing, healthcare, and education, which can perpetuate a cycle of poverty. Addressing economic disadvantage involves creating equitable opportunities and support systems to help individuals improve their financial situation and achieve better living standards.