An obstacle to economic growth in developing countries is:

Question

Quizplus · Accepted Answer

Capital goods are essential for economic growth, as they are needed to increase production efficiency and output. However, developing countries often face a limited supply of capital due to factors such as low savings rates, lack of investment, and political instability. This shortage of capital leads to a lack of investment in education, infrastructure, and technology, hindering economic growth.

An Obstacle to Economic Growth in Developing Countries Is