Saving Is a Larger Percentage of Domestic Output in DVCs

question 123

True/False

Saving is a larger percentage of domestic output in DVCs than in IACs, but the saving is put to poor
use.

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Definitions:

Behavior

The actions or reactions of a person or animal in response to external or internal stimuli.

Need-Based Theories

Are theories of motivation that focus on what motivates a person, rather than on how that motivation occurs.

Motivation

A psychological force that drives individuals to achieve goals and fulfill needs.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology regarding human motivation.