Question 16
Economic Growth and DevelopmentSome of major problems hindering economic development in West Africa are in the areas of electricity supply, communications, education and health. These items are known in Economics as
- A.development projects
- B.infrastructural facilities
- C.monoculture
- D.capital investment
- E.superstructure.
Show the answer and explanation
Answer: B (infrastructural facilities)
Explanation
Power, communications, education and health are basic facilities that support all other production; economists call them infrastructure.