Asked by
MERCEDES WELCH
on Nov 25, 2024Verified
Which of the following is generally not an effective strategy to promote DVC growth?
A) microlending
B) human capital development
C) fighting wars against neighbors to obtain resources and stimulate aggregate demand through arms spending
D) controlling inflation
Microlending
The provision of small loans to entrepreneurs and small businesses lacking access to banking and related services.
Human Capital
The knowledge and skills that make a person productive.
Aggregate Demand
Aggregate demand represents the total demand for all goods and services within a country's economy at a given overall price level and in a given time period.
- Appraise the concept of the poverty cycle and discuss strategies for its alleviation.
- Understand factors influencing economic growth, including the will to develop and investment types.
Verified Answer
SV
Learning Objectives
- Appraise the concept of the poverty cycle and discuss strategies for its alleviation.
- Understand factors influencing economic growth, including the will to develop and investment types.
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