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UPPSC PCS 2014 · Question 143 of 150

The concept of 'Vicious Circle of Poverty' is relat- ed to

Geography

  1. AKarl Marx
  2. BNurkseCorrect
  3. CAdam Smith
  4. DNone of the above

Answer: B. Nurkse

Explanation

Prominent economist Nurkse gave the concept of vicious circle of poverty in his major book 'Problem of Capital Formation in Underdeveloped Country'. Nurkse described the state in which underdeveloped countries are entrapped in, where poverty seems to be the cause and effect of poverty.

Source: edurev.in UPPSC Prelims 2014 GS Paper I with Answer Key and Solutions

← Q142View full paper (150 questions)Q144 →

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