All developing countries suffer from a critical shortage of
A) land.
B) population.
C) capital goods.
D) government regulation.

Question

Quizplus · Accepted Answer

Developing countries often lack the necessary capital goods (machinery, technology, infrastructure, etc.) to effectively compete in the global market and generate enough economic growth to improve living standards for their citizens. This shortage of capital goods is a major impediment to development.

All Developing Countries Suffer from a Critical Shortage of