For developing countries, one of the more effective ways to become more developed is
A) to invest in human capital.
B) to invest more in the military.
C) to increase trade barriers.
D) to reduce direct foreign investment.

Question

Quizplus · Accepted Answer

Investing in human capital involves improving education and healthcare which leads to more skilled and healthy workforce, higher productivity, and economic growth. This approach has been proven to be effective in improving the economic development of many countries. On the other hand, investing in the military, increasing trade barriers, or reducing direct foreign investment may hinder economic growth and development.

For Developing Countries, One of the More Effective Ways to Become