Most developing countries
A) have no natural resources.
B) experience slow growth in their labor force.
C) allocate their resources to the production of capital goods.
D) are unable to convert their natural resources into productive inputs.
E) make inefficient use of their technological advancement.

Question

Quizplus · Accepted Answer

Developing countries often have abundant natural resources but lack the technology, infrastructure, or capital to convert these resources into productive inputs effectively. This hampers their economic development and growth.

Most Developing Countries