Social Sciences, asked by shravanskotian, 9 months ago

Economically backward countries had to depend upon foreign aid to achieve development.

Why?​

Answers

Answered by tejeshkrishna80
6

Explanation:

Foreign aid generally does not promote economic development, for three main reasons. First, governments in developing countries have become dependent on aid, diverting it to government consumption while reducing their efforts at market reforms that would boost productivity and tax revenue in the rest of the economy

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