Question 31
Economic Growth and DevelopmentA country achieves economic development when there is
- A.an increase in military expenditure
- B.an increase in capacity utilization
- C.a sustained increase in per capita income
- D.an even distribution of goods and services.
Show the answer and explanation
Answer: C (a sustained increase in per capita income)
Explanation
Development needs a lasting rise in income per head, which raises the standard of living of the people.