To improve their economy, developing countries should focus on increasing human capital, developing physical capital, and connecting to global markets.
In developing countries, one way to improve their economy is by focusing on increasing human capital, which involves investing in education and healthcare to enhance the skills and productivity of the workforce. Another crucial aspect is developing physical capital, such as infrastructure like roads and energy systems, to support economic activities and promote growth. Additionally, these countries should strive to connect to global markets by adopting market-oriented policies and attracting foreign investment.
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