Economic growth is difficult for poor countries because
A)governments must fund capital production and research out of tax revenues.
B)resources must be taken away from consumer goods to pay for technology.
C)resources must be taken away from consumer goods to pay for capital goods.
D)those wealthy enough to invest in domestic industries may choose to invest abroad instead.
E)All of the choices are true.

Question

Quizplus · Accepted Answer

All the choices present valid challenges for poor countries in achieving economic growth, including funding capital production, reallocating resources from consumer goods to capital goods and technology, and the potential for domestic investors to invest abroad.

Economic Growth Is Difficult for Poor Countries Because