The government's role in a developing country is important during the country's development process for all of the following reasons except
A) building social overhead capital cannot successfully be taken on by the private sector.
B) building infrastructure is a huge project that only the government can undertake.
C) many social projects are associated with the free-rider problem, which minimizes the rate of return to the private sector.
D) the government is the only institution with a vested interest in a country's development.
Correct Answer:
Verified
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