The vicious circle theory states that __________ . | Faculties

M

Mr. Dubey

🎓 Coach ⭐ 104.48K Points

📊 Economics of Development

Q. The vicious circle theory states that __________ .

(A) Growing government assistance creates addiction to welfare programs.
(B) Low income levels create pressure for money creation.
(C) Low income levels create pressure for cheap imports.
(D) Low per capita income creates low savings that keep incomes low.

💬 Discuss

✅ Correct Answer: (D) Low per capita income creates low savings that keep incomes low.

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

954

Total Visits

📽️

2 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

88%

Success Rate