Which of the following contributes to economic development?
A) low saving and investment rates
B) a command socialist economic system
C) investment in infrastructure
D) complete absence of government involvement
Correct Answer:
Verified
Q161: Since the 1960s, nations like South Korea
Q162: The convergence hypothesis says that:
A) differences in
Q163: The convergence hypothesis says that international differences
Q167: The main reason South Korea has grown
Q172: According to the convergence hypothesis, differences in
Q173: All of the following are reasons for
Q173: The key factor explaining the poor growth
Q176: The convergence hypothesis helps explain why:
A) highly
Q176: Latin American growth since the 1920s has
Q178: In the 1980s, which factor contributed to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents