A reason for placing emphasis on capital accumulation in developing countries is the high
A) level of adult illiteracy.
B) productivity of workers in DVCs.
C) need for investment in infrastructure.
D) level of import quotas and tariffs.

Question

Quizplus · Accepted Answer

Developing countries often have inadequate infrastructure, such as roads, power plants, and communication systems, which hinders economic growth. Capital accumulation can be used to invest in such infrastructure, which can increase productivity and create a more favorable environment for businesses to operate.

A Reason for Placing Emphasis on Capital Accumulation in Developing