Vicious Circle: Poverty

15 Oct

In a school book (economy) from the 80ties we found this explanation for poverty. The comments to this model we leave up to you. Sorry, its quite hard to read. It says POVERTY-> no savings-> low investment->low production/slow or no growth-> low income-> POVERTY->low income->poor education->low productivity->low production->POVERTY->low consumption->no healthy nutrition->sickness->low performance->low production-POVERTY.

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