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  2. Topic
    Business
  3. Study Set
    Indian and Global Economic Development
  4. Exam
    Exam 1: Economic Growth and Development: Understanding Underdeveloped Economies, Balanced and Unbalanced Growth Strategies, and the Indian Economy
  5. Question
    Capital Formation in Underdeveloped Countries Is a Major Bottleneck
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Capital Formation in Underdeveloped Countries Is a Major Bottleneck

Question 4

Question 4

Multiple Choice

Capital formation in underdeveloped countries is a major bottleneck. The reason can be


A) Small size of market with no incentive for investment
B) Low level of income
C) vicious circle of poverty
D) All the above

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