Describe the state of affairs in the developing world concerning ...

[KWilfred]

Describe the state of affairs in the developing world concerning social overhead capital?
 
  What will be an ideal response?

Question 2

Before its IPO, Twitter was an example of a private firm. As a private firm, Twitter was
 
  A) not subject to government regulations and taxation.
  B) run by its founders, Evan Williams, Noah Glass, Jack Dorsey, and Biz Stone.
  C) not legally allowed to raise funds through venture capital firms.
  D) run by stockholders and a board of directors.

[lorealeza77]

Answer to Question 1

Developing countries are often burdened by inadequate social overhead capital, ranging from poor public health and sanitation facilities to inadequate roads, telephones, and court systems. Such social overhead capital is often expensive to provide, and many governments are not in a position to undertake many useful projects because they are too costly.

Answer to Question 2

B

[KWilfred]

Correct answers!

[lorealeza77]

Great! Please up vote