Final answer:
The statement is true. No country with less than 50 percent literacy has succeeded economically, according to the World Bank.
Step-by-step explanation:
The statement is true. According to the World Bank, no country with less than 50 percent literacy has succeeded economically. This means that a country's literacy rate can have a significant impact on its economic growth and development. For example, in low-income countries where girls have limited access to education, the literacy rate tends to be lower. This can hinder economic growth by limiting the potential of the workforce and reducing opportunities for innovation and productivity.
Learn more about Girls' education and economic growth in low-income countries