The Vicious Circle of Poverty Refers to the Fact That

question 13

Multiple Choice

The vicious circle of poverty refers to the fact that in LDCs,

• A) low living standards lead to declines in population growth.
• B) too much spending leads to periods of recession.
• C) people are poor because too much is spent on capital goods.
• D) there are not enough people in the under-15 age groups.
• E) poverty leads to low investment in capital goods.

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Definitions:

Canada Customs

The federal agency responsible for regulating goods that enter or leave Canada, ensuring compliance with customs regulations.

Tokyo Stock Exchange

The primary stock exchange in Japan, one of the largest in the world by market capitalization, where stocks of publicly held companies are issued and traded.

Exchange Rate

The conversion rate of one currency to another.

Weakens

Becomes less strong or potent; in economic terms, can refer to a currency's decrease in value relative to others.