The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?

Related Mcqs:

Debt-re-scheduling is ?

A. an agreement with the World Bank to turn some of a debt into other forms B. a change in debt repayment due to inability to pay C. regular payments of interest and repayments of capital D. a program of austerity measures agreed with the IMF to make repayment possible...

Developing countries, if compared with other countries, have ?

A. a lower rate of illiteracy B. a greater degree of equality in the income distribution C. a lower infant mortality rate D. a smaller percentage of the labor force in urban areas...

One of the benefits of putting resources into agricultural projects is that ?

A. Successful agricultural projects produce surplus food to support urban development B. agricultural investment will prevent the flight of capital abroad C. agricultural projects usually have low import requirements D. export prices for agricultural products are more stable than those for industrial products...

The policy that has been the most successful in increasing agricultural output in developing countries is ?

A. mechanization B. land reform C. import substitution D. produce marketing boards...

Which of the following is NOT one of the problems facing most developing nations ?

A. Food shortages B. Foreign debt C. Rapid population growth D. Labor shortages...