Which of the following can be a barrier to an LDC's economic growth and development?
A) low population growth
B) a low level of human capital
C) faster capital accumulation
D) too much infrastructure

Question

Quizplus · Accepted Answer

A low level of human capital, such as a lack of education, skills, and knowledge, can be a barrier to economic growth and development in LDCs. Without human capital, it can be difficult for a country to innovate and develop new technologies, attract foreign investment, and compete in global markets. Low population growth and too much infrastructure are not necessarily barriers to economic growth, and faster capital accumulation can actually aid in development if it is accompanied by human capital investment.

Which of the Following Can Be a Barrier to an LDC's