Which of the following is the most likely explanation for the continued poverty in many developing countries?

Question

Quizplus · Accepted Answer

A lack of defined and enforceable property rights often leads to a lack of investment and economic growth, perpetuating poverty in many developing countries. Without clear property rights, individuals and businesses may not have incentives to invest and improve their livelihoods, resulting in economic stagnation.

Which of the Following Is the Most Likely Explanation for the Continued