Which of the following has contributed to developing countries' poor economic performance?

Question

Quizplus · Accepted Answer

Corruption is a major contributor to developing countries' poor economic performance by deterring investment, increasing costs, and reducing efficiency. It undermines public trust and confidence, thereby hindering economic growth and development. In addition, corruption reduces government revenues, resulting in less investment in infrastructure and social services, which further hampers economic growth. Low population growth and high capital investment are not necessarily negative factors, while foreign direct investment can have both positive and negative impacts on developing countries' economies. Therefore, B is the best choice among the given options.

Which of the Following Has Contributed to Developing Countries' Poor