Asked by Grace Dillon on May 25, 2024
Verified
Erbia is a developing country.Erbia's neighbor Glassen is also a developing country,which is growing at a fast rate by adopting existing technology.Unlike Glassen,Erbia is not growing as fast as it should.Which of the following could be one of the reasons for the slower growth in Erbia?
A) Erbia lacks a reliable source of electricity to power new technologies.
B) Erbia has adopted an export-oriented trade policy.
C) The manufacturing sector is the highest contributor to Erbia's national income.
D) Erbia has a low birth rate,and therefore,population growth has slowed in Erbia.
E) Erbia has invested heavily in consumer products.
Reliable Source
A credible or trustworthy origin of information or data, often used in research or decision-making.
Source of Electricity
Any process or system that produces electric power, including fossil fuels, nuclear power, and renewable sources like solar, wind, and hydroelectric power.
- Analyze the factors contributing to the economic growth and development gap between developed and developing countries.
- Understand the importance of adopting existing technology for the development of developing countries.
Verified Answer
MS
mandeep sharmaMay 26, 2024
Final Answer :
A
Explanation :
Without a reliable source of electricity, Erbia may not be able to effectively adopt and utilize new technologies, which could hinder its economic growth. Glassen's faster growth rate by adopting existing technology suggests that technology adoption plays a significant role in economic growth. Therefore, lack of electricity could be a plausible reason for Erbia's slower growth.
Learning Objectives
- Analyze the factors contributing to the economic growth and development gap between developed and developing countries.
- Understand the importance of adopting existing technology for the development of developing countries.
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