One reason why many low-income countries experience low rates of growth is because of low rates of saving and investment in those countries.

Question

Quizplus · Accepted Answer

Low rates of saving and investment in low-income countries can limit the availability of capital necessary for investment in infrastructure, education, and entrepreneurial activities, which are crucial for economic growth. Without sufficient investment, these countries may struggle to create jobs, increase productivity, and improve living standards.

One Reason Why Many Low-Income Countries Experience Low Rates of Growth