As productive capital goods are established in developing nations

Name: As productive capital goods are established in developing nations
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When productive capital goods are established in developing nations, it means they are investing in their infrastructure which leads to technological advancement, increased productivity, and economic growth. This, in turn, leads to higher living standards and increased purchasing power. As a result, these countries will experience higher rates of economic growth.

As Productive Capital Goods Are Established in Developing Nations