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Author Question: The government's role in a developing country is important during the country's development process ... (Read 107 times)

karateprodigy

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Question 1

Building roads, power generators, and irrigation systems are projects that are referred to as


◦ social overhead capital.
◦ human capital.
◦ physical capital.
◦ financial capital.

Question 2

The government's role in a developing country is important during the country's development process for all of the following reasons 
except


◦ building social overhead capital cannot be taken on by the private sector.
◦ building infrastructure is a huge project that only the government can undertake.
◦ many social projects are associated with the free-rider problem, which minimizes the rate of return to the private sector.
◦ the government is the only institution with a vested interest in a country's development.


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Marked as best answer by karateprodigy on Apr 19, 2019

coyin

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karateprodigy

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


Joy Chen

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Reply 3 on: Yesterday
Excellent

 

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