Towards the End of the Twentieth Century, Some of the World's

question 77

Multiple Choice

Towards the end of the twentieth century, some of the world's more affluent countries experience robust growth while others experienced growth slowdown or even stagnation.Which of the following is not a reason for the divergent growth trend?

• A)disparities in the rate of accumulation of human capital
• B)unwillingness to enforce property rights
• C)disparities in the employment rate
• D)differences in macroeconomic policymaking that allow producers to take a long-term view

---

Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability, leading to inequality and social tension.

Federal Government

The national government of a federation, responsible for enacting and enforcing laws applicable throughout the entire country.

State-grants

State grants are financial awards provided by state governments to individuals, organizations, or other state entities to support various projects, activities, or needs without any expectation of repayment.