One of the reasons why poor nations have not been able to close the development gap is:
A)the lack of human capital needed to identify and absorb new technology.
B)the scarcity of natural resources required to promote economic growth.
C)the low birth rates that have reduced the size of human capital.
D)an uneven distribution of income.
E)the lack of political stability in the nations.

Question

Quizplus · Accepted Answer

Without human capital, it is difficult for a nation to identify and absorb new technology, which is necessary for promoting economic growth and closing the development gap. Additionally, a lack of investment in education and skills training further exacerbates this issue. The other choices may contribute to development challenges, but lack of human capital is a significant barrier.

One of the Reasons Why Poor Nations Have Not Been