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Which of the following does not hinder economic development? A.) lack of technology B.) lack of...

Which of the following does not hinder economic development?
A.) lack of technology
B.) lack of physical capital
C.) low birth rates
D.) low GDP growth rate

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Answer #1

Economic Development refers to rise in production of goods and services and side by side unemployment, poverty and inequalities also get reduced through this process.

Technology and physical capital play critical role in economic development. Further, higher growth rate is precondition for economic development.

Low birth rate is inevitable to get higher economic development in developing countries.

Hence, low birth rates do not hinder economic development.

Right answer is (C)

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