Question

Which of the following statements correctly differentiates catching-up growth from cutting-edge growth? A. Cutting-edge growth leads to convergence, while catching-up growth does not. B. Poorer countries with low levels of capital stock will always display catching-up growth, while rich countries will not. C. Catching-up growth comes primarily from capital accumulation, while cutting-edge growth comes from technological development. D. Catching-up growth can go on indefinitely, while cutting-edge growth cannot.

Answer 1

C. Catching-up growth comes primarily from capital accumulation, while cutting-edge growth comes from technological development

Step-by-step explanation:

Catching up growth is a consistent and steady input of cash and effort over time that is becoming visible in the present while cutting edge growth has to do with the leveraging on the advance technologies available for one's industry to make exploit.