Economy, asked by sk9844hcis, 3 months ago

1.Explain the vicious circle of poverty with a diagram.

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Answered by mahinsheikh
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The primary causes of underdevelopment are so intimately connected that they together form a circle which is vicious. Ragnar Nurkse explains that the vicious circle implies a circular constellation of forces tending to act and react upon one another in such a way as to keep a poor country in a state of poverty.

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