The Lack of Capital in Developing Nations Causes

question 43

Multiple Choice

The lack of capital in developing nations causes

• A) labor productivity to remain low.
• B) the savings rate to be too high.
• C) output to be low in the present but high in the future.
• D) consumption rates to be too high.

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Definitions:

Lateral Decision Making

A collaborative approach to decision-making that involves peers at the same hierarchical level, promoting inclusivity and collective intelligence.

Hierarchical Decision Making

A structured process of making decisions that is typically characterized by orders or directives passing down from higher levels in an organization to lower levels.

Heterarchy

A system of organization where elements are unranked or where they possess the potential to be ranked in a number of different ways, emphasizing distributed power and decentralized decision-making.

Positive Outcomes

The desirable results or beneficial effects of an action or decision, often measured in terms of successes or advancements.