Which of the following about economic growth is true?

Question

Quizplus · Accepted Answer

Option A is incorrect as there is evidence to suggest that some poor countries are gradually improving their economic conditions. Option B is incorrect as some LDCs such as China and India have achieved higher growth rates than the United States. Option D is incorrect as some of the fastest-growing countries in the world, such as China and India, are not high-income industrial economies. Option C is the correct choice as it acknowledges the diversity of growth patterns among LDCs, with some countries growing rapidly while others continue to stagnate.

Which of the Following About Economic Growth Is True