Question

What is vicious cycle of poverty?​

Answer 1

Answer:

In economics, a poverty trap or cycle of poverty are caused by self-reinforcing mechanisms that cause poverty, once it exists, to persist unless there is outside intervention. It can persist across generations, and when applied to developing countries, is also known as a development trap.

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Answer 2

→ A vicious cycle is a negative series of events that build on and reinforce each other. less developed country is caught in the vicious circle of poverty. The vicious circle argument holds that conditions in LDCs are such that economic development is impossible. ... It assumes that people of less developed countries save little or nothing since they are poor. Since savings are low, investment is low.

Vicious meaning- In hindi-

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in English-

violent, dangerous, ruthless, remorseless, merciless, heartless.