JAMB Economics 2018 Objective — Question 6

Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2018 Objective paper, with the correct answer and a full explanation.

Capital accumulation for low income earners is better done through

A. Savings
B. Investment
C. Funds
D. LoansCorrect

Explanation

Low income earners typically cannot save enough on their own; loans provide them the means to accumulate capital.

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