UI Post-UTME Economics 2021 (Model questions) Question 1

Question 1

Economic Growth and Development

Which of the following is not a requirement for economic development?

  1. A.a temperate climate
  2. B.natural resources
  3. C.an adequate capital base
  4. D.technological advancement
Show the answer and explanation

Answer: A (a temperate climate)

Explanation

Resources, capital and technology drive development; many tropical countries have developed, so a temperate climate is not required.