(1) Explain how political obstacles (lack of skilled officials, instability, corruption, and...

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(1) Explain how political obstacles (lack of skilled officials, instability, corruption, and constaints by special interest groups) and cultural obstacles (cultural attitudes that discourage entrepreneurial activity and and encourage rapid population growth) are greater barriers to economic growth than lack of technology, education and natural resources.
(2) Many people blame special interests of developed nations for supporting political regimes and cultural norms that prevent the success of developing nations. Explain why this might be true and in your own words agree or disagree with this statement. Try to give a specific example of a nation (Haiti, Iraq, Pakistan, Sudan, Zimbabwe or any example in the past).
Discuss Post 1&2 in XXXXXXXXXXwords

David · Accepted Answer

1 
 
(1) Explain how political obstacles (lack of skilled officials, instability, corruption, and 
constaints by special interest groups) and cultural obstacles (cultural attitudes that discourage 
entrepreneurial activity and encourage rapid population growth) are greater barriers to 
economic growth than lack of technology, education and natural resources. 
Answer - Obstacles like corruption, lack of skill levels, and similar other problems generated 
due to minority groups, etc reduce the potential capability of the existing resources like land, 
labor, capital and entrepreneurship to produce efficient outcome.  In such circumstances even 
if there is high level of technology,

(1) Explain how political obstacles (lack of skilled officials, instability, corruption, and constaints by special interest groups) and cultural obstacles (cultural attitudes that discourage...

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