Question

what is the meaning of vicious circle of poverty.?

Answer 1

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Answer 2

Underdeveloped (or poor) countries1 are caught in a vicious circle of.poverty and stagnation, or as it has been put rather pithily by the late. Professor Nurkse, that a country is poor because it is poor. The great. upsurge of interest in the last twenty years or so in the economics of poor.