Economy, asked by rohitmishra225, 11 months ago

Project on breaking the vicious circle of poverty in the indian economy

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Answered by ashutosh237549
1

Answer:

Vicious Circle of Poverty. ADVERTISEMENTS: According to the principle of vicious circle in UDCs' level of income remains low which leads to low level of saving and investment. ... As a result of weakness his efficiency reduces as a consequence he get low income and thus becomes poor.”

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