Progressives Argue That the National Surplus in Less Developed Countries

Multiple Choice

Progressives argue that the national surplus in less developed countries is

A) used primarily for large infrastructure projects such as roads and hydroelectric dams.
B) absorbed by the local elite for entrepreneurial activities in the domestic economy.
C) absorbed by the local elite for nonproductive purposes such as conspicuous consumption.
D) used by foreign corporations to develop industries and provide employment for the local population.