WAEC Economics 2017 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.
Advertisement
One way of speeding up the economic development of a country is by encouraging
- A. A. the consumption of consumer goods
- B. B. early marriages
- C. C. the importation of more consumer goods
- D. D. savings and investmentCorrect
Explanation
By encouraging savings and investment, capital will be formed and production will be enhanced.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.