Solved

The Vicious-Circle-Of-Poverty Hypothesis States That Poor Countries

Question 40

Multiple Choice

The vicious-circle-of-poverty hypothesis states that poor countries


A) are unable to save and invest enough to accumulate capital stock that would help them grow.
B) cannot develop because they lack the ability to educate their workers.
C) cannot develop because their economic policies are ineffective.
D) cannot develop because people don't consume due to lack of goods and services.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents