A fundamental reason for a country's development of advanced and specialized factors of production is often its:
A) lack of basic resources.
B) monetary wealth.
C) small workforce.
D) protective tariffs.

Question

A fundamental reason for a country's development of advanced and specialized factors of production is often its: ​
A) lack of basic resources.
B) monetary wealth.
C) small workforce.
D) protective tariffs.

Quizplus · Accepted Answer

A lack of basic resources can drive a country to innovate and develop advanced and specialized factors of production to compensate for what it lacks naturally.

A Fundamental Reason for a Country's Development of Advanced and Specialized