Which factor has contributed to the lack of economic growth in Latin America? I. lack of natural resources
II) high rates of savings that led to insufficient consumption of goods and services
III) political instability

Question

Quizplus · Accepted Answer

Political instability has been a major factor contributing to the lack of economic growth in Latin America. While lack of natural resources and high rates of savings may have had some impact, political instability has been consistently cited by experts as a major hindrance to economic development in the region.

Which Factor Has Contributed to the Lack of Economic Growth