passwella.
Menu

WAEC Economics 2018 Question 40

Question 40

Economic Growth and Development

Which of the following activities will not lead to economic growth?

  1. A.Massive importation of capital goods
  2. B.Intensive capital formation locally
  3. C.Use of modern technology
  4. D.Massive importation of consumer goods
Show the answer and explanation

Answer: D (Massive importation of consumer goods)

Explanation

Imported consumer goods are used up and do not add to productive capacity.