English, asked by Irfan1729, 11 months ago

what is poverty circle​

Answers

Answered by adrija7
1

The vicious circle of poverty is a problem of developing countries, when a low level of per capita income does not allow saving and investment at the level necessary to achieve the minimum rate of economic growth.

Answered by Rocky1951
0
In economics, the cycle of poverty is the "set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention". This occurs when poor people do not have the resources necessary to get out of poverty, such as financial capital, education, or connections.
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