Question

Vicious circle of poverty in indian economy

Answer 1

Answer:

DOWN ANSWER

Explanation:

ADVERTISEMENTS: According to the principle of vicious circle in UDCs' level of income remains low which leads to low level of saving and investment. “It implies circular constellation of forces tending to act and react one another in such a way as to keep a poor country in a state 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. “It implies circular constellation of forces tending to act and react one another in such a way as to keep a poor country in a state 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. “It implies circular constellation of forces tending to act and react one another in such a way as to keep a poor country in a state 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. “It implies circular constellation of forces tending to act and react one another in such a way as to keep a poor country in a state 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. “It implies circular constellation of forces tending to act and react one another in such a way as to keep a poor country in a state of poverty. ...VV