JAMB Economics 1998 Question 27

Question 27

Economic Growth and Development

In many developing countries, infrastructural problem is acute due to the shortage of

  1. A.industries and industrial equipment
  2. B.savings, investment and consumption
  3. C.natural resources for development
  4. D.supporting services that encourage economic activities.
Show the answer and explanation

Answer: D (supporting services that encourage economic activities.)

Explanation

Infrastructure means the supporting services, such as roads, power, water and telephones, that make other economic activities possible; these are in short supply.