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A major factor contributing to the slow growth rate of less-developed economies is   Group of answer choices a. the lack of well-defined and enforceable property rights. b. the lack of natural resources. c. the lack of workers. d. the high rate of illiteracy.

A major factor contributing to the slow growth rate of less-developed economies is   Group of answer choices a. the lack of well-defined and enforceable property rights. b. the lack of natural resources. c. the lack of workers. d. the high rate of illiteracy.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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A major factor contributing to the slow growth rate of less-developed economies is
 
Group of answer choices
a. the lack of well-defined and enforceable property rights.
b. the lack of natural resources.
c. the lack of workers.
d. the high rate of illiteracy.
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