Which of the following is a major obstacle to economic growth in DVCs?

Question

Quizplus · Accepted Answer

Low supply of saving is a major obstacle to economic growth in DVCs. Without adequate savings, businesses cannot invest in new capital equipment or technologies, which limits productivity growth and inhibits economic expansion. This lack of investment also leads to low levels of job creation and wage growth, further perpetuating the cycle of underdevelopment. The other options listed are either not significant obstacles or, in the case of A and B, could even be seen as potential indicators of economic progress.

Which of the Following Is a Major Obstacle to Economic