What is a reason that convergence may take a long time?
A) The quality of human capital across countries is very uniform.
B) The roots of economic development go back centuries.
C) Poor economies must produce less to keep up with a growing population.
D) Newly developed infrastructures divert resources.
E) Developing countries often have a higher percentage of young people.

Question

Quizplus · Accepted Answer

The roots of economic development, such as historical factors, institutional structures, and cultural attitudes, often go back centuries and are deeply embedded in society. Therefore, addressing these underlying factors may take a long time and hinder convergence.

What Is a Reason That Convergence May Take a Long