Economic growth may hinge on whether individuals and institutions within a nation want growth badly enough to change their traditional ways of doing things. This statement refers to

A) in-kind investment.
B) the capricious universe view.
C) human capital investment.
D) the will to develop.

Question

Miracle Howard · Accepted Answer

Final Answer : D, Explanation :  The statement is referring to the will of individuals and institutions within a nation to change their traditional ways of doing things, which is related to the concept of the will to develop. This means that they are willing to make investments and changes that may be necessary for economic growth to occur. In-kind investment and human capital investment are also important factors in economic growth, but the statement specifically highlights the importance of the will to develop. The capricious universe view is not relevant to the topic.

Economic growth may hinge on whether individuals and institutions within a nation want growth badly enough to change their traditional ways of doing things. This statement refers to

A) in-kind investment.
B) the capricious universe view.
C) human capital investment.
D) the will to develop.

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Learning Objectives

Learning Objectives

Related questions

Economic growth may hinge on whether individuals and institutions within a nation want growth badly enough to change their traditional ways of doing things. This statement refers toA) in-kind investment.B) the capricious universe view.C) human capital investment.D) the will to develop.

Definitions

Learning Objectives

Learning Objectives

Related questions

Economic growth may hinge on whether individuals and institutions within a nation want growth badly enough to change their traditional ways of doing things. This statement refers to

A) in-kind investment.
B) the capricious universe view.
C) human capital investment.
D) the will to develop.