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Explain Why the LDCs Are Unable to Invest Much in Capital

question 19

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Explain why the LDCs are unable to invest much in capital goods and human capital.


Definitions:

Big Five

A model describing five major dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Generative Needs

The psychological drive to produce or contribute to the well-being of others and future generations, often associated with creativity and care.

Domestic Abuse

A pattern of behavior in any relationship that is used to gain or maintain power and control over an intimate partner.

Increased Income

Refers to a situation where there is a rise in the amount of money earned from employment, investments, or other sources.

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