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Circle of poverty basically means that when one person is in 'poverty' or no money then they have to obviously earn some. but in order the make a profit and make a living it means someone else will lose out and become poorer. So the whole thing starts again; Just one big Circle.
We can also say that when one person lives below the poverty line he will not be able to send his children to school. This leads to illiteracy. so he will also be poor and his children will also be poor. This leads to the circle of poverty.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoDomesticle Obstacle, Lake of technlogy, Shortage of Capital, Ill-Literacy, Political Instability, Enterprenural Ability shortage, Lake of tax, Curruption, lake of Skilled People, Exploiting Rights Of People, terrorism, Governement Policies.
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∙ 12y agoExplain Vicious Circle of poverty related to supply-side and Demand -side
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∙ 11y agoragnar nurksey
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What is a vicious circle of poverty show it or explain it both demand and supply sides?
what is a vicious circle of poverty show it or explain from both demand and supply sides
What is Ragnar Nurkse's vicious circle of poverty?
'A Country is poor because it is poor' Example-low income-low demand-low investment in goods-low productivity-low income.. this the vicious circle of poverty..........
Understanding of the vicious circle of poverty?
The basic idea underlying the concept of the vicious circle of poverty can be aptly summed up in trite proposition,"A COUNTRY IS POOR BECAUSE IT POOR". According to the definition given by Ragnar Nurkse, the vicious circle of poverty "implies a circular constellation of forces tending to act and react upon one another in such a way as to keep a poor country in a state of poverty"
Can poverty cause poverty?
Purely in Economic context, yes, poverty can set off a vicious circle, culminating in even more poverty. It goes something like this : Poverty > Less Income > Less Consumption > Low Consumption Expenditure > Low Revenue for firms > Lesser Production > Lesser Income for Factor Inputs > Poverty Therefore, this vicious circle will keep on incrementing. This can be prevented by suitable injections of capital investment by governments to increase availability of credit in the economy.
What do people think of people living in poverty?
The result of laziness and poor attitudesa vicious circle from which it is difficult to escape without outside assistancea vicious circle from which it is difficult to escape without outside assistance
How do you break a vicious circle of poverty?
whatever we say same we have to practically do. it is the duty only not for our government. even all citizens of country have to help to alleviate the poverty only then we can get out of poverty
When was A Vicious Circle created?
A Vicious Circle was created in 1996.
Antonymn of vicious circle?
Benign circle
Is it grammatically correct to say break a vicious circle?
Yes, it is grammatically as well as stylistically correct to speak of breaking a vicious circle. The term "vicious circle" dates from the late 1700s.
What are the ratings and certificates for Vicious Circle - 1997?
Vicious Circle - 1997 is rated/received certificates of: USA:R
What are the ratings and certificates for The Vicious Circle - 1948?
The Vicious Circle - 1948 is rated/received certificates of: USA:Approved
What are the release dates for The Vicious Circle or What Are We Trying to Do - 1964?
The Vicious Circle or What Are We Trying to Do - 1964 was released on: USA: 1964
