World Bank Studies Have Shown That Underdevelopment Is Often Due

question 100

Multiple Choice

World Bank studies have shown that underdevelopment is often due to:

• A) factors such as parasites and viruses that are a part of tropical climates and expand unchecked because of the lack of winter temperatures.
• B) mental slowness in people of the climates around the equator.
• C) socialist political regimes.
• D) lack of government investment in education.

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Definitions:

Pollution

The occurrence or release of harmful or toxic materials into the environment.

External Costs

Costs that are not borne by the parties to a transaction but are imposed on others, such as pollution affecting non-participants.

Output

The amount of goods or services produced by a company, industry, or economy in a given period.

Marginal Social Benefit

The additional benefit to society from one more unit of a good or service being produced and consumed.