The vicious circle of poverty refers to the fact that LDCs are poor because other countries do not want to buy their goods and services.

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The vicious circle of poverty refers to a complex set of factors that trap individuals, communities, and entire countries in a cycle of poverty. It includes factors such as lack of access to education and healthcare, limited job opportunities, and political instability. While trade with other countries can certainly affect a country's economic growth, it is just one factor among many.

The Vicious Circle of Poverty Refers to the Fact That