A Researcher Claims That the Slow Economic Growth of Countries

question 96

Multiple Choice

A researcher claims that the slow economic growth of countries located in Africa can be attributed to the geography hypothesis.If the researcher is correct,it implies that the economic growth of countries in Africa is greatly affected by ________.

• A) natural factors, such as climate and the quality of soil available
• B) cultural factors, such as the work ethics of indigenous residents
• C) institutional factors, such as the availability of credit and finance
• D) religious factors

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Definitions:

Management

The process by which corporate executives, managers, and other leaders direct, control, and organize work tasks and company resources to achieve specific goals.

Regulatory Environment

Comprises laws, regulations, and governmental guidelines that govern the operation of businesses and industries.