Less-Developed Countries Are Poor for All of the Following Reasons

question 94

Multiple Choice

Less-developed countries are poor for all of the following reasons except one. Which one?

• A) They do not produce many goods and services.
• B) Labor productivity is low.
• C) Investment funds tend to flow abroad
• D) Investment in human capital is very low.
• E) The labor force is too small.

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Definitions:

Co-produce

The act of collaborating or working together to produce a result or outcome, often seen in contexts where inputs from various sources are integrated.

Implicit Leadership Theories

Are preconceived notions about the attributes associated with leaders that reflect the structure and content of “cognitive categories” used to distinguish leaders from nonleaders.

Attributes

Qualities or features regarded as a characteristic or inherent part of someone or something.

Granting

The act of giving or assigning something, such as rights, privileges, or resources, usually from a position of authority.