The gap between rich and poor countries
A) has decreased over time because poor countries can more easily devote resources to capital production.
B) has increased over time because poor countries find it difficult to devote resources to capital production.
C) has remained constant over time because technological advances can be easily shared among nations.
D) has remained constant over time because the rate of capital production has remained constant in rich and poor nations.

Question

Quizplus · Accepted Answer

The gap between rich and poor countries has increased over time, largely because poor countries face significant challenges in devoting resources to capital production. This includes issues like lack of access to capital, technology, skilled labor, and infrastructure, which hampers their economic growth and development compared to richer nations.

The Gap Between Rich and Poor Countries