Who put forward the view that UDCs are characterized by vicious circle of poverty which keeps them around a low-income per capita equilibrium state? | Faculties

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Vikash Gupta

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📊 Growth and Development

Q. Who put forward the view that UDCs are characterized by vicious circle of poverty which keeps them around a low-income per capita equilibrium state?

(A) nelson
(B) harvey leibenstein
(C) hirschman
(D) rosenstein-rodan

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✅ Correct Answer: (B) harvey leibenstein

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