Which of the following is NOT a reason for high growth rates in Germany and Japan following World War II?
A) Good institutions were in place soon after the war.
B) Both countries had higher growth rates than the United States before World War II.
C) New capital was highly productive during the rebuilding process.
D) The incentive to invest capital domestically was very high.

Question

Quizplus · Accepted Answer

Both Germany and Japan had lower growth rates than the United States before World War II. This is opposite to the statement given in choice B. The actual reasons for high growth rates in Germany and Japan were A, C, and D. Good institutions were in place soon after the war, new capital was highly productive during the rebuilding process, and the incentive to invest capital domestically was very high.

Which of the Following Is NOT a Reason for High