In which area of the world were policies based on the Solow growth model consistently applied but with very limited success?
A) Europe
B) Asia
C) China
D) Africa
E) Central America

Question

Quizplus · Accepted Answer

Policies based on the Solow growth model were consistently applied in Africa but with limited success due to several reasons such as lack of infrastructure, political instability, and ineffective governance. The model failed to address the complex issues facing African economies, and thus, its application did not yield significant growth and development.

In Which Area of the World Were Policies Based on the Solow