Question

Why do you suppose that nations with higher degrees of measured distrust of strangers tend to observe lower rates of economic growth, other things being equal?

Short answer

Nations with higher degrees of measured distrust of strangers tend to observe lower rates of economic growth, other things being equal.

Step-by-step solution

introduction

Economic growth is an expansion in the creation of labour and products in an economy. Expansions in capital products, workforce, innovation, and human resources can all add to monetary development.

Explanation Part (1)

This can be made sense of with the assistance of the moving situation. During the movement of labour from one nation to another, the nation receiving them enlists them as they doubt them in light of their variety, race, identity, ethnicity, and so on then the businesses in the nation should utilize the untalented labourers from its own nation and spend more sum on dealing with their talented upgrade instructional courses.

Explanation Part (2)

This would cause an expansion in the cost of creation and diminish net revenues because of rising costs. This wouldn't be positive as the great can lose its intensity on the lookout. Essentially, the entire nation would bring about low creation of labour and products and would additionally have lower paces of monetary development.