A study finds that a single parent with two children living in a low-income neighborhood has a net worth of -$10,000 due to high debt from student loans and credit cards. Which category best describes the factors contributing to this individual's wealth status?

The situation of the single parent with a net worth of -$10,000 can be described as a result of systemic factors that create wealth disparities. High levels of debt, such as student loans and credit card debt, can significantly reduce a person's net worth, especially when they have limited income. Additionally, living in a low-income neighborhood often means fewer job opportunities and lower wages, making it harder to pay off debts or save money. For example, if this parent works a low-paying job, most of their income might go toward daily expenses and debt payments, leaving little to no room for building wealth. Overall, these factors highlight how economic challenges and debt can greatly impact an individual's financial situation and contribute to wider wealth gaps in society.