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WAEC Economics 2015 Question 41

Question 41

Economic Growth and Development

Which of the following is not an objective of economic planning?

  1. A.Need to direct economic development of the country towards the desired direction
  2. B.Desire to ensure a sustained structural development of the country
  3. C.Desire to widen the gap between developing countries and the developed world
  4. D.Management of scarce resources in the face of unlimited wants of the citizens.
Show the answer and explanation

Answer: C (Desire to widen the gap between developing countries and the developed world)

Explanation

Planning aims to close, not widen, the gap with developed countries.