The vicious circle of poverty refers to the fact that in LDCs,
A) low living standards lead to declines in population growth
B) consumption goods are preferred to capital goods
C) people are poor because land is scarce
D) there are too many older people
E) poverty leads to low investment in capital goods
Correct Answer:
Verified
Q82: Q83: Brazil's per capita income growth rate was Q84: Per capita income growth is derived by Q85: If an LDCs population growth rate is Q86: If a country has a large percentage Q88: With consumption goods measured on the vertical Q89: LDCs tend to put fewer resources into Q90: For LDCs, the two main forms of Q91: Lack of investment in education is a Q92: Many unsuccessful, low performing LDCs have all
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