Question: a. The path to economic development has been blazed by American capitalism. It is up to the DVCs to follow that trail. b. The problem

a. The path to economic development has been blazed by American capitalism. It is up to the DVCs to follow that trail.

b. The problem with the DVCs is that income is too equally distributed. Economic inequality promotes saving, and saving is a prerequisite of investment. Therefore, greater inequality in the income distribution of the DVCs would be a spur to capital accumulation and growth.

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