Question

Why do developing countries experience greater growth?

Answer 1

Developing countries usually grow faster than developed countries because diminishing returns (capital) aren't as strong in capital rich countries.

Answer 2

Developing countries usually grow faster than developed countries because diminishing returns (capital) aren't as strong in capital rich countries.

Answer 3

Because since developing countries are still growing, when they finally get to the level of some more advanced countries the country as a whole feels a "greater growth"