Many economists believe that the key to breaking the vicious circle of poverty is to
A) cut down the mortality rates in poor nations.
B) reduce the birth rates in poor nations.
C) increase the mobility of labor and migration.
D) increase the rate of capital accumulation in poor nations.

Question

Quizplus · Accepted Answer

Increasing the rate of capital accumulation in poor nations is considered crucial by many economists as it can help in increasing investment, creating jobs, and stimulating economic growth which can ultimately help in breaking the vicious circle of poverty. This can be achieved through various strategies such as encouraging foreign investment, improving access to credit, and supporting small and medium-sized enterprises. While reducing mortality rates and birth rates and increasing mobility of labor can also help in reducing poverty, they may not necessarily address the root cause of the problem.

Many Economists Believe That the Key to Breaking the Vicious