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WAEC Economics 2020 Question 43

Question 43

Economic Growth and Development

A country should embark on development planning to ensure that

  1. A.it becomes popular among the comity of nations.
  2. B.it also do what others are doing.
  3. C.its scarce productive resources are efficiently utilized.
  4. D.the nation is able to contribute its own quota to international organizations.
Show the answer and explanation

Answer: C (its scarce productive resources are efficiently utilized.)

Explanation

Planning directs scarce resources to their best uses.