If They Wish to Create More Wealth,poor Nations Should Focus

question 213

True/False

If they wish to create more wealth,poor nations should focus on policies that increase entrepreneurship and the effective use of knowledge.
Poor nations often have plenty of labour and land,as well as access to capital.However,the absence of entrepreneurship and knowledgeable workers seems to be the reason that most poor countries remain poor.

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Definitions:

Normally Distributed

Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Gasoline Prices

The cost per unit of gasoline, which can fluctuate based on factors such as crude oil prices, supply and demand, taxes, and market speculation.

Standard Normal Distribution

A normal distribution with a mean of zero and a standard deviation of one, used in many statistical methods.

Z-axis

The axis in a three-dimensional coordinate system representing the depth, perpendicular to both the X-axis (horizontal) and Y-axis (vertical).