Which of the following is most important if a country is going to grow rapidly and achieve a high level of per capita income?
A)an abundance of natural resources
B)a warm moist climate
C)a small population relative to the geographic size of the country
D)institutions and policies that encourage people to engage in productive activities

Question

Quizplus · Accepted Answer

Institutions and policies that encourage productive activities are crucial for economic growth and high per capita income, as they create an environment conducive to innovation, investment, and efficient resource allocation.

Which of the Following Is Most Important If a Country