Wdym by Vicious Circle of Poverty?
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Answer: According to the principle of vicious circle in UDCs' level of income remains low which leads to low level of saving and investment. Low investment leads to low productivity which again leads to low income
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According to the principle of vicious circle in UDCs' level of income remains low which leads to low level of saving and investment. Low investment leads to low productivity which again leads to low income.
hop its help u
Army
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