In 4-5 sentences, in your own words, explain the vicious circle of poverty that afflicts low-income nations.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 2E
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In 4-5 sentences, in your own words, explain the vicious circle of poverty that afflicts low-income nations.

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