Developing Countries Can Achieve Higher Productivity Per Unit of Capital

question 257

Multiple Choice

Developing countries can achieve higher productivity per unit of capital because they can use technologies developed by other countries. This is known as the

• A) increasing returns to capital effect.
• B) copycat effect.
• C) catch-up effect.
• D) productivity effect.

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Definitions:

Human Traits

Characteristics, attributes, and features that define humans, including biological, psychological, and social qualities.

Developmental Occurs

The process through which an individual undergoes changes and growth through various stages of life, often marked by physical, mental, and emotional development.

Dynamic-systems Approach

A theoretical perspective in developmental psychology that emphasizes the ever-changing nature of humans and their environments, focusing on how change occurs over time through a complex interaction of processes.

Theory of Evolution

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