WAEC Economics 2014 Objective — Question 36
Question 36 of 50 from the West African Examinations Council (WAEC) Economics 2014 Objective paper, with the correct answer and a full explanation.
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Economic development may be hindered if there is
- A. a high pool of skilled labour
- B. a high rate of economic growth
- C. political stability
- D. rapid population growthCorrect
Explanation
Rapid population growth can hinder economic development because it increases the dependency ratio which retards economic growth; without economic growth there cannot be economic development.
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