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Vicious circle of poverty refers to a situation where poverty itself becomes a cause for its own persistence, trapping individuals, communities, or even nations in a cycle of deprivation. This concept emphasizes that low income leads to low savings and investments, resulting in low productivity and growth, which further sustains poverty across generations. It highlights the interdependent factors that make it extremely difficult for poor individuals or societies to break free without external interventions. The cycle is self-perpetuating, as the conditions of poverty restrict opportunities for development, and the lack of development reinforces poverty. The ____ _______ __________ ____ __________ _________ ____ __________.
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