WAEC Economics 2016 Question 30

Question 30

Economic Growth and Development

Which of the following best explains why more foreign investments are not attracted to West Africa?

  1. A.Small population size
  2. B.Small sizes of market places
  3. C.Instability in political and industrial policies
  4. D.Lack of manpower needed to work in industries
Show the answer and explanation

Answer: C (Instability in political and industrial policies)

Explanation

Investors avoid countries where politics and policies keep changing.