Question and answer
The concept of vicious circle of poverty is associated with
Lack of income and money is generally associated with.. The concept of vicious circle of poverty. Vicious Circle of Poverty A'' Country is poor become it is poor: Another major cause of economic backwardness is the vicious circle of poverty. [ Due to backwardness there is not optimum use of resources and due to this reason goods are not produced on the principle of specialisation and division
of labour and hence production remains low. Low level of production is due to imperfect markets. Therefore, the level of income of the people is low and hence, level of savings is low. Low level of savings is responsible for low level of investment as a result capital formation rate remains low and problem of shortage of capital arises in these countries and therefore, shortage of capital is the major cause of their underdevelopment. ]
Expert answered|LailaL|Points 10|
Question
Asked 6/29/2013 7:28:12 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
24,981,116 questions answered
Popular Conversations
What occurred while the surface rocks of the Moon were impacted, ...
Weegy: Bombardment by meteoroids formed the highlands t occurred while the surface rocks of the Moon were impacted, ...
4/29/2016 11:54:26 AM| 3 Answers
Who issued the "Grito de Dolores"? Vicente Guerrero Miguel ...
Weegy: When it was a French colony, Haiti was called St. Domingue. User: Simón Bolívar declared Brazil's ...
4/29/2016 1:50:52 PM| 3 Answers
Philosophical semantics is also known as _____. general ...
Weegy: Philosophical semantics is also known as GENERAL SEMANTICS. User: Frozen language occurs only in ...
4/29/2016 1:47:54 PM| 2 Answers
9/11 + 3/4 = User: 4/10 ÷ 1/3 =
4/29/2016 2:49:26 PM| 2 Answers
Tax incidence is concerned with:
Weegy: True! User: The term that describes how markets regulate themselves is known as:
4/29/2016 3:53:11 PM| 2 Answers
For place values that occur to the left of the decimal point, each ...
Weegy: For place values that occur to the left of the decimal point, each place value is ten times smaller than the ...
4/29/2016 6:27:04 PM| 2 Answers
Weegy Stuff
S
Points 925 [Total 925] Ratings 22 Comments 685 Invitations 2 Online
S
1
L
L
P
R
P
L
P
Points 300 [Total 12252] Ratings 2 Comments 270 Invitations 1 Offline
S
L
P
P
P
Points 231 [Total 3377] Ratings 0 Comments 231 Invitations 0 Offline
S
Points 137 [Total 137] Ratings 3 Comments 107 Invitations 0 Offline
S
Points 47 [Total 47] Ratings 4 Comments 7 Invitations 0 Offline
S
Points 43 [Total 56] Ratings 4 Comments 3 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 2 Comments 0 Invitations 0 Offline
S
Points 20 [Total 52] Ratings 2 Comments 0 Invitations 0 Offline
S
Points 16 [Total 69] Ratings 0 Comments 16 Invitations 0 Offline
S
Points 14 [Total 19] Ratings 0 Comments 14 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.