A low literacy rate usually indicates that a country lacks
A.
capital goods.
B.
a strong agricultural sector.
C.
human capital.
D.
a strong industrial sector.
C. human capital.
C. human capital.
A low literacy rate usually indicates that a country lacks human capital. Literacy is an important indicator of the education and skills of a country's population. A low literacy rate suggests that there may be a lack of access to quality education and training opportunities, which can impact a country's overall development and economic growth.
To answer this question, we need to understand what is meant by a low literacy rate and what factors contribute to it.
The literacy rate refers to the percentage of people aged 15 and above in a particular country who can read and write. A low literacy rate suggests that a significant portion of the population lacks basic reading and writing skills.
Now, let's analyze the options:
A. Capital goods: Capital goods refer to physical assets like machinery, equipment, and infrastructure used in the production of goods and services. While having access to capital goods can contribute to a country's economic growth, they are not directly linked to literacy rates. Capital goods are more related to a country's industrial development and productivity.
B. A strong agricultural sector: Although a strong agricultural sector is essential for food production and economic stability in many countries, it is not directly related to literacy rates. Literacy is more associated with education and the ability to read and write, which can be linked to multiple sectors, including agriculture.
C. Human capital: Human capital refers to the skills, knowledge, and abilities of individuals that contribute to their economic productivity. A low literacy rate indicates a lack of education and human capital development. Therefore, this option is closely related to the question and is a possible answer.
D. A strong industrial sector: While a strong industrial sector may contribute to a country's economic growth and development, it is not directly correlated with literacy rates. The industrial sector is more linked to manufacturing and production rather than educational attainment.
Considering these explanations, the best answer to the question is C. A low literacy rate usually indicates that a country lacks human capital, as literacy is a fundamental aspect of human capital development.