How do debt repayment and structural adjustment terms hamper economic development?
- Only wealthy nations need to repay their debts, so it slows their progress.
- This is no longer a problem because debt repayment was completely erased after World War II
- Both measures rob a developing nation of money it could use to invest in social welfare improvements.
- They always penalize highly developed nations rather than underdeveloped ones.
Answer: C. Both measures rob a developing nation of money it could use to invest in social welfare improvements.