The wealthy elite in less developed countries typically do not _____.
[tex]{\boxed{\mathcal{\red{Answer}}}}[/tex]
d. provide a significant amount of personal savings for domestic capital formation. ✅
The wealthy elites in less developed countries, however, do consider security as one of the most important aspects of an investment and so they invest in foreign companies and overseas where investment is regarded as superior to investment in their own country.
[tex]\bold{ \green{ \star{ \orange{Mystique35}}}}⋆[/tex]
The wealthy elite in less developed countries rarely contribute a significant quantity of personal savings to domestic capital formation.
Capital Formation is the unique term employed to determine the portion of a country's ongoing output and importations that is not spent or exported during the time of accounting period, but alternatively it added to its stock of capital goods.
In little uprisen countries, the wealthy elite frequently do not contribute an appreciable amount of money of any personal savings to municipal capital formation.
Therefore, option D is correct.
Learn more about the wealthy elite, refer to:
https://brainly.com/question/4942335
#SPJ2
