Explain the relation of each and every box with the next box in separate elaborative points. POVERTYTRAP LowlevelofeducationLoweconomicand healthgrowthcareGrowth / DevelopmentLow levelsof humanLowLowinvestmentincomecapitalLowLowproductivitysaving

In the mentioned figure, it is clearly mentioned about the trap of poverty and the procedure which…

Answered: POVERTY Low nomir TRAP Low lev educat

Business

Economics

POVERTY Low nomir TRAP Low lev educat

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Explain the relation of each and every box with the next box in separate elaborative points.

POVERTY
TRAP Lowlevelof
education
Low
economic
and health
growth
care
Growth / Development
Low levels
of human
Low
Low
investment
income
capital
Low
Low
productivity
saving

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