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International Bodies

Higher capita...

Question

Higher capital formation means less development in the country.

A

False

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B

True

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Solution

The correct option is A False

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Similar questions

Which of the following are true or false?

a) Capital formation means the increase in the stock of real capital in a country
b) Saving is not essential for capital formation

Q. Enumerate the factors that led to capital formation in developed countries of the world.

Q. Every year, the government allocates a part of the budget to develop infrastructure. However, there is low capital formation in the country. What is this called?

Q. State any two factors which determine capital formation in a country.

Q. Imagine you are the President of country X. Country X had gone through a severe crisis that has resulted in unemployment, poverty, and less capital formation. As a solution, which of the following economic systems would you choose for different cases? Choose the correct option.

A: Socialist system if your country is a developing economy and experiences inequality among people

B: Capitalist system if your country is a developed economy and does not experience inequality among people

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