One major path that leads to growth in both developing nations (DVCs) as well industrially advanced nations (IACs) is that productive resources must be
A) owned and managed by the public sector.
B) distributed more equitably across business sectors.
C) reallocated to export industries.
D) used more eﬃciently.

Question

Quizplus · Accepted Answer

In both developing nations and industrially advanced nations, growth can be achieved by using resources in a more efficient manner. This means ensuring they are being used effectively and not wastefully, increasing productivity and efficiency, and reducing costs. By doing so, businesses can increase their output and competitiveness, leading to economic growth. The other options (A, B, and C) are not necessarily indicative of growth and may not always be appropriate in every situation.

One Major Path That Leads to Growth in Both Developing