QUESTION IMAGE
Question
multiple choice question
identify the correct statement from the following:
- the adverse geographical conditions of a country are least likely to leave any impact on development or economic progress.
- tyranny is a necessary precondition for a free market economy in which property rights are protected.
- \partly free\ countries are characterized by a high degree of political and civil freedom with no restrictions.
- a countrys investment in education and subsequent growth rates result in a more productive population.
Brief Explanations
- Adverse geography (e.g., lack of resources, harsh terrain) significantly hinders economic development, so the first statement is incorrect.
- Tyranny (authoritarian rule) typically undermines property rights and free markets, which rely on rule of law, so the second statement is incorrect.
- "Partly free" countries have limited political and civil freedoms, not unrestricted high freedom, so the third statement is incorrect.
- Investing in education improves human capital, which increases worker productivity and supports economic growth, making the fourth statement correct.
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D. A country's investment in education and subsequent growth rates result in a more productive population.