5. Developing countries are often burdened by inadequate infrastructure or social overhead capital, ranging from poor public
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5. Developing countries are often burdened by inadequate infrastructure or 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.
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Related Book For
Principles Of Microeconomics
ISBN: 9780691150093
13th Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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