Question

a. Some countries today are much poorer than other countries because O some countries have more resources than others. O some countries have lower tax levels than others. O some countries began the modern economic growth process sooner. O some countries are located in more temperate climates. b. Today's poor countries are O destined to always be poor, because they started the economic growth process too late. O not always destined to be poor, as they can develop the appropriate institutions to catch up to wealthier countries. O not always destined to be poor, since they can borrow money from wealthier countries. O destined to always be poor, because they have few resources.

Answer 1