Which of the following seems to be the most acute institutional problem that needs to be resolved by many DVCs?
A) the use of capital-saving technology
B) development of natural resources
C) widespread political corruption
D) an increase in foreign aid

Question

Quizplus · Accepted Answer

Political corruption can hinder economic growth and development, discourage foreign investment and aid, and create a negative image of the country. Therefore, it is crucial for DVCs to address this issue in order to attract investors and improve their overall economic condition. The use of capital-saving technology and development of natural resources are also important, but they may not have as immediate an impact as reducing political corruption. Foreign aid can be helpful, but it may not be a sustainable solution for long-term economic progress.

Which of the Following Seems to Be the Most Acute