Vicious circle of poverty


1) Write down the differences between the industrially advanced and two categories of developing countries.

2) Recognize the factors which characterize the DVCs.

3) Explain the growth rates of the IACs, middle-income DVCs, and the low-income DVCs.

4) Specify some human implications of the poverty in DVCs.

5) Explain two basic avenues for growth of a nation.

6) Explain four primary obstacles to growth within the DVCs.

7) Illustrate the vicious circle of poverty with the help of diagram.

8) Explain 5 characteristics of positive role of government in the development.

9) Describe the problems of public sector involvement within the development.

10) Explain 3 aspects of the role of advanced nations in the development assistance.

11) Explain the extent of DVC debt, consequences, and possible solutions involving the debt forgiveness.

12) State and explain 9 policies for the promotion of economic growth in DVCs.

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Microeconomics: Vicious circle of poverty
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