By reducing consumption expenditures,poor nations should be able to completely finance their own capital investment.
Pervasive poverty in poor nations sharply limits the potential for increased savings.Nevertheless,governments can encourage more saving with improved banking facilities,transparent capital markets,and education and saving incentives.

Question

Quizplus · Accepted Answer

Reducing consumption expenditures alone is unlikely to completely finance capital investment in poor nations due to pervasive poverty and limited savings potential.

By Reducing Consumption Expenditures,poor Nations Should Be Able to Completely