According to some contemporary economists using a Marxist perspective, the greatest crisis today facing low- income nations is ___________, not a food shortage.
A) natural disaster
B) war
C) lack of contraception
D) capital shortage

Question

Quizplus · Accepted Answer

According to Marxist economists, the greatest crisis facing low-income nations is a capital shortage, which leads to underinvestment, lack of industrialization, and dependence on foreign aid and loans. This perpetuates a cycle of poverty and hinders economic development, making it difficult to address other issues such as food shortage or lack of access to contraception. War and natural disasters can also contribute to economic instability, but the root cause is often linked to the lack of capital and economic exploitation by more powerful nations.

According to Some Contemporary Economists Using a Marxist Perspective, the Greatest