Economic growth is difficult for poor countries because

Name: Economic growth is difficult for poor countries because
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Question

Quizplus · Accepted Answer

Economic growth in poor countries is challenging due to multiple factors: governments often rely on limited tax revenues to fund capital and research (A), resources are diverted from consumer goods to invest in technology (B) and capital goods (C), and potential domestic investors may prefer investing abroad (D). All these factors contribute to the difficulty, making option E correct.

Economic Growth Is Difficult for Poor Countries Because