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Purely in Economic context, yes, poverty can set off a vicious circle, culminating in even more poverty. It goes something like this :
Poverty > Less Income > Less Consumption > Low Consumption Expenditure > Low Revenue for firms > Lesser Production > Lesser Income for Factor Inputs > Poverty
Therefore, this vicious circle will keep on incrementing. This can be prevented by suitable injections of capital investment by governments to increase availability of credit in the economy.
What else can I help you with?
What is the common cause of poverty?
The least common cause of poverty is undetermined. Several different things can cause poverty for different types of people. Economic instability, natural disaster, and several other things can cause poverty.
What will be the cause of poverty?
Desire is the cause of poverty in buddhism people suffered because of desire
What are the causes of poverty in Thailand?
the cause of poverty on thai society
What are cause of illnesses in morocco?
Poverty
What is the plural of poverty?
The plural of poverty is poverties. As in "the government cause so many poverties".
Why is poverty a cause of economic diversity?
the poverty cause the economic diversity because a big part of sources and resources spent on poverty . One of the main reason is unequal and unjustified distribution of money parameters .
What is the leading cause of death of Filipinos?
POVERTY.
What are the causes of illiteracy in Uganda?
The cause is poverty.
What three factors have contributed to the success of American economy?
poverty cause of poverty
Is poverty a cause for illiteracy in Africa?
Perhaps. Most likely because poverty causes a shortage of schools.MARKED
What are the causes of prostitutions?
The main cause would be poverty.
A major cause of environmental degradation in developing countries is?
poverty
