To stimulate economic growth, it would be best if developing countries adopted policies to:

Question

Quizplus · Accepted Answer

Building human capital is crucial for stimulating economic growth in developing countries. This includes investing in education, healthcare, and skill training programs for the local population. By better equipping the workforce with relevant skills and knowledge, a country can attract foreign investment and encourage entrepreneurship, resulting in sustainable economic development. Discouraging foreign investment or subsidizing state industries can lead to market inefficiencies and corruption, ultimately hindering economic growth. Increasing population growth without proper infrastructure and resources could also have negative implications on the economy.

To Stimulate Economic Growth, It Would Be Best If Developing