1683EconomicsMedium
According to the supply side of the vicious circle theory of development a country is poor because?
Aresource allocation is poor
Btechnology levels do not allow for self sufficiency
Cunderemployment is too widespread
Dit was previously too poor to save and invest
Correct answer
D. it was previously too poor to save and invest
Explanation
The correct answer is it was previously too poor to save and invest.