Ayushi posted an Question
September 09, 2020 • 16:50 pm 30 points
  • UGC NET
  • Economics

The vicious circle of poverty points out the relationship between: 1. income and population 2. investment and technology 3. productivity and income 4. savings

The vicious circle of poverty points out the relationship between: 1. Income and population 2. Investment and technology 3. Productivity and income 4. Savings and capital

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    Nidhi taparia Best Answer

    Even though the concept of vicious circle of poverty has various interpretations and connotations in various circumstances, in this particular case I'm going to go with option 3. The process goes like this - Poor people have low income > Low Savings > investment on their development is low (like education and health) > their productivity is low > the jobs they get are low paying > their incomes are low

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