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The Impact of Economic Connectedness on Community and Life Outcomes
In poor communities, there is a strong sense of cohesiveness and people help each other. Volunteer organizations are formed to provide vital support. However, this support doesn't necessarily help poor children escape their constraints. Economic connectedness is crucial in improving life outcomes. If a poor child has the same network as a rich child, their lifetime income can increase by 20%. The combination of vital opportunities, information, and connections can significantly impact life outcomes. It's important for us to broaden our networks and bridge the gap for a more equitable society.