Which of the Following Is True

question 74

Multiple Choice

Which of the following is true?

• A)Poor countries are unable to ignite the growth process unless they receive financial aid from richer countries.
• B)Countries that fail to adopt institutions and policies supportive of trade, entrepreneurial discovery, and private investment will remain poor in the foreseeable future.
• C)Countries that lack an abundance of natural resources have been unable to grow and achieve high income levels.
• D)Countries with a large population relative to their land area are destined to remain poor.

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Definitions:

Technical Expertise

Specialized knowledge or skills in a specific field or area of technology, acquired through education, training, or professional experience.

Line Managers

Supervisors or managers who are directly responsible for overseeing the day-to-day work of other employees.

Planning

The process of making plans for something, including setting goals and determining the steps and resources needed to achieve those goals.

Top Managerial Positions

Refers to the highest-ranking roles within an organization, responsible for strategic decisions and overall direction.