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.
19,173,692 questions answered
Popular Conversations
Simplify 5t + (t - 3) - [(7t + 5) - (8 - 3t)].
Weegy: 5t + (t - 3) - [(7t + 5) - (8 - 3t)] The simplified form is -4t User: ax + by + c, 2ax - 3by + c, and by - c ...
1/26/2015 12:15:43 PM| 4 Answers
Simplify 5(R + 2) - 6
Weegy: 5(R + 2) - 6 5R + 10 - 6 5R + 4 User: Simplify 3 - (2 - 8) Weegy: (3)/(7)-(4)/(m) = (3m/7m) - (28/7m) = (3m ...
1/26/2015 7:21:10 AM| 3 Answers
If you multiply a trinomial by a monomial, what type of polynomial ...
Weegy: If you multiply two binomials together, the product will be TRINOMIAL. User: When using FOIL to multiply the ...
1/26/2015 8:55:33 AM| 3 Answers
Simplify 3x + (-12x) - 5x. -14x -9x 10x 20x
Weegy: A)-14x. 3x + (-12x) - 5 = -14x User: Simplify 3x + 3 + 2. 3x + 5 5x + 3 8x User: Simplify -12x + ...
1/26/2015 12:27:43 PM| 3 Answers
Solve. m -5= 1/32
1/26/2015 2:19:45 PM| 3 Answers
Our esteem-based needs are met by developing self-respect and ...
Weegy: Our esteem-based needs are met by developing self-respect and achieving our personal goals. This is TRUE. ...
1/26/2015 9:09:19 PM| 3 Answers
What is the product?
1/26/2015 7:44:26 AM| 2 Answers
multiply completely, then place the answers in the proper location on ...
Weegy: x=-1 and x=-1/5 for the equation 5x^2+6x=-1 User: factor the following polynomials, then place the answers in ...
1/26/2015 7:49:09 AM| 2 Answers
Is the given point interior, exterior, or on the circle (x + 2)2 + (y ...
Weegy: (x^4 + 81) (x - 3) = x^5 - 3x^4 + 81x - 243 User: Is the given point interior, exterior, or on the circle ...
1/26/2015 8:07:10 AM| 2 Answers
Weegy Stuff
S
L
Points 1798 [Total 1819]| Ratings 0| Comments 1798| Invitations 0|Offline
S
L
P
L
P
Points 1347 [Total 6624]| Ratings 0| Comments 1347| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
P
Points 600 [Total 15611]| Ratings 0| Comments 600| Invitations 0|Offline
S
L
Points 438 [Total 1119]| Ratings 2| Comments 418| Invitations 0|Offline
S
1
L
L
Points 228 [Total 6928]| Ratings 0| Comments 228| Invitations 0|Offline
S
P
C
L
P
L
1
Points 90 [Total 6678]| Ratings 1| Comments 80| Invitations 0|Offline
S
Points 87 [Total 102]| Ratings 0| Comments 87| Invitations 0|Offline
S
L
Points 77 [Total 1638]| Ratings 0| Comments 77| Invitations 0|Offline
S
Points 63 [Total 445]| Ratings 0| Comments 63| Invitations 0|Offline
S
Points 50 [Total 52]| Ratings 0| Comments 0| Invitations 5|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.