WAEC Economics 2015 Objective — Question 41
Question 41 of 50 from the West African Examinations Council (WAEC) Economics 2015 Objective paper, with the correct answer and a full explanation.
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Which of the following is not an objective of economic planning?
- A. Need to direct economic development of the country towards the desired direction
- B. Desire to ensure a sustained structural development of the country
- C. Desire to widen the gap between developing countries and the developed worldCorrect
- D. Management of scarce resources in the face of unlimited wants
Explanation
A genuine objective of economic planning is to narrow (not widen) the development gap between developing and developed countries.
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