Asked by Abigail Zurita on Jun 23, 2024
Verified
To stimulate economic growth, it would be best if developing countries adopted policies to
A) discourage foreign investment.
B) subsidize state industries.
C) build more human capital.
D) increase population growth.
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Foreign Investment
Capital investment made by individuals or entities of one country in the assets or enterprises of another country.
State Industries
Industries owned, operated, and managed by the government of a country.
- Assess the impact of government policies within developing countries on economic growth.
Verified Answer
PM
Paige MillerJun 25, 2024
Final Answer :
C
Explanation :
Building human capital, such as education and training programs, is a proven way to stimulate economic growth in developing countries. Discouraging foreign investment and subsidizing state industries can lead to inefficiencies and lack of competition, while increasing population growth can strain resources and infrastructure.
Learning Objectives
- Assess the impact of government policies within developing countries on economic growth.