Question
Your instructor is currently staying in a residential estate in a tropical country. He has noticed that the estate is only about 25% developed, and
Your instructor is currently staying in a residential estate in a tropical country. He has noticed that the estate is only about 25% developed, and that some households have planted gardens in vacant lots that are adjacent to their property. Instead of planting mango or citrus trees (which have high value in terms of money and deliciousness), he has noticed that the gardens are dedicated to papayas, bananas, and leafy vegetables. Explain why the gardeners have chosen these plants, and relate the situation to the more general question of institutions, investment, and growth.
If you can provide backing up details, it would be nice too.
Thank you!
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