Which of the following best speaks to economic improvements for poorer countries in the last two decades ?
A) Many are engaged in minor civil wars, but are receiving financial support from superpowers.
B) Commodity prices have been low, which has helped spur growth in countries with abundant natural energy resources.
C) Investors have been excited by the potentially large returns offered by emerging economies, and as a result poorer countries can now avail themselves of significant amounts of divestment.
D) Poorer countries can take advantage of available technology to jump-start its growth because it does not need to reinvent the wheel.

Question

Quizplus · Accepted Answer

Poorer countries leveraging available technology allows them to bypass certain stages of development that wealthier countries had to go through, thus accelerating their economic growth. This concept is known as leapfrogging, and it has been a significant factor in the economic improvements seen in some developing nations over the past two decades.

Which of the Following Best Speaks to Economic Improvements for Poorer