View source for Situational poverty

== Types ==
Situational poverty essentially has two types:
* Cyclical: This depends on the ebb and flow of the national and global economy. An economic depression can make income levels fall and increase unemployment rates. Hence, some people can lose their jobs and others find themselves not being able to make ends meet with what they earned, thus falling below the poverty line.
* Of assets: It is triggered by a crisis specific to those experiencing poverty. Two types of household are usually target of this kind of poverty: 
**Relatively secure middle-class families: Their fall below the poverty line usually encompasses making a high-risk decision.
**Families with permanently low income: The position of these families shifts constantly from above to below the poverty line and they are described by Leisering and Leibfriend as having a “precarious well-being”.<ref name="TYPES OF SITUATIONAL POVERTY"/>