Which of the following is not a reason why government may play a key role in the early stage of economic development in developing nations?

Question

Quizplus · Accepted Answer

The abundance of entrepreneurs in developing nations is not a reason for government intervention in the early stages of economic development. Instead, governments often need to step in to provide essential services and regulations that the private sector cannot or will not efficiently supply, such as infrastructure, encouragement of saving and investment, and law and order, rather than to regulate an abundance of entrepreneurs.

Which of the Following Is Not a Reason Why Government