Social Sciences, asked by pradeepkatiyar, 1 year ago

explain the vicious cycle of poverty​

Answers

Answered by sanjanajaiswal634
7

The vicious circle caused by Market Imperfections is shown as under. The vicious circle of poverty is a result of the various vicious circles which were on the sides of supply of and demand for capital. As a result capital formation remains low productivity and low real incomes.


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