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WAEC Economics 2011 Question 46

Question 46

Economic Growth and Development

The process of increasing the real per capita income and effecting changes in various sectors of the economy is known as

  1. A.economic acceleration.
  2. B.economic development.
  3. C.economic integration.
  4. D.economic growth.
Show the answer and explanation

Answer: B (economic development.)

Explanation

Development means higher real income per head together with structural and social improvement.