Which of the following is a reason for the very slow growth in per capita income of the poorest economies?
A)They have focused on developing new technologies rather than adopting the technologies.
B)Birth rates in these economies are double than those in the richer countries.
C)They have focused on the production of export-oriented goods.
D)The manufacturing sector contributes the most to their national income.
E)They have invested heavily in human capital.

Question

Quizplus · Accepted Answer

High birth rates lead to a higher dependency ratio (ratio of non-working population to working population) and a larger workforce, which can lead to lower wages and slower per capita income growth. This has been a common issue in many of the poorest economies. The other options do not directly address the slow growth in per capita income.

Which of the Following Is a Reason for the Very