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nevsk [136]
3 years ago
6

Why do underdeveloped nations have difficulty saving and accummulating capital supplies?

History
1 answer:
Nady [450]3 years ago
3 0

Many underdeveloped countries have a high proportion of the total population engaged in producing food- a primary source of wealth for economic development. However, because many of these people are subsistence farmers barely feeding themselves there is little or no individuals surplus for creating capital.

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