Which of the following best describes the vicious cycle of poverty?
A) Rich countries eventually decline because its citizens become lazy.
B) Poor countries eventually improve through investment in education, infrastructure, and capital accumulation.
C) Rich countries stay rich through continued high levels of investment in education, infrastructure, and capital accumulation.
D) Poor countries stay poor because they cannot afford to invest in education, infrastructure, and capital accumulation.

Question

Which of the following best describes the vicious cycle of poverty?​
A) ​Rich countries eventually decline because its citizens become lazy.
B) ​Poor countries eventually improve through investment in education, infrastructure, and capital accumulation.
C) ​Rich countries stay rich through continued high levels of investment in education, infrastructure, and capital accumulation.
D) ​Poor countries stay poor because they cannot afford to invest in education, infrastructure, and capital accumulation.

Quizplus · Accepted Answer

The vicious cycle of poverty refers to a situation where poverty persists and deepens due to factors such as lack of investment in education, infrastructure, and capital accumulation. Poor countries often struggle to finance these investments, leading to underdeveloped economies and limited opportunities for their citizens, which in turn perpetuates poverty. This creates a self-reinforcing cycle that is difficult to break without external assistance.

Which of the Following Best Describes the Vicious Cycle of Poverty?​

Which of the Following Best Describes the Vicious Cycle of Poverty?