One of the primary reasons that Mexico has experienced relatively low rates of economic growth is that for Mexican entrepreneurs
A)there is a shortage of low-skilled labor to fill manufacturing jobs.
B)the government has a history of nationalizing all successful domestically-owned industries.
C)problems in the banking system have made it difficult to obtain the funding needed to finance expansion.
D)incentives from its neighboring Central American countries has attracted most of the foreign investment in the region.

Question

Quizplus · Accepted Answer

One of the primary reasons for Mexico's relatively low economic growth is the problems in the banking system, which have made it difficult for entrepreneurs to obtain the funding needed to finance expansion. Mexico's banking system has traditionally been dominated by a small number of large institutions, causing a lack of competition and access to credit for small and medium-sized enterprises. This has hindered entrepreneurship, innovation, and job creation, ultimately contributing to low rates of economic growth.

One of the Primary Reasons That Mexico Has Experienced Relatively