Why might private investment in poor countries, rather than aid by foreign governments and international agencies, contribute more effectively to economic growth?
A) Private investment is more consistent with central economic planning.
B) Technical assistance is often part of the private investment package.
C) Private investment is always selfish.
D) Private investors are smarter and more street-wise than public authorities.
B
Economics
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All of the following contributed to the downfall of the Soviet Union in 1991 except
A) lack of high-quality goods and services. B) public dissatisfaction with low living standards and political repression. C) an inability to produce low-cost consumer goods that households wanted. D) lack of a strong dictator who could coordinate economic activities.
Economics
Road pricing will improve the allocation of resources to transportation
Indicate whether the statement is true or false
Economics