The Vicious circle theory indicates that ?

A. poverty perpetuates itself in mutually reinforcing circles on supply and demand sides

B. as countries grow richer they save less

C. a country is poor because it has lower productivity but high savings

D. market size is large in LDCs

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.