Which of the following factors contributes most to the high per-capita incomes in developed nations?

Question

Quizplus · Accepted Answer

High rates of economic growth are the most significant factor contributing to the high per-capita incomes in developed nations. This growth is achieved through efficient resource allocation, innovative technology, and high levels of productivity. High rates of population growth (A) can lead to less per-capita income, as resources are spread more thinly among a larger population, and low rates of investment (C) and saving (D) can impede economic growth and limit opportunities for long-term prosperity.

Which of the Following Factors Contributes Most to the High