The wealthy elite in less developed countries typically do not .?

The wealthy elite in less developed countries typically do not invest significantly in local communities or infrastructure that would benefit the broader population. Instead, they may prioritize capital preservation and wealth accumulation, often channeling resources abroad or into luxury goods. This can exacerbate socioeconomic disparities and limit opportunities for economic mobility among the poorer segments of society. Additionally, their influence can lead to policies that favor their interests over those of the general populace.