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WAEC Economics 2023 Question 43

Question 43

Economic Growth and Development

A country is described as developing if

  1. A.the population is decreasing.
  2. B.there is low labour supply.
  3. C.the contribution of tertiary sector to national income is high.
  4. D.the income per head is low.
Show the answer and explanation

Answer: D (the income per head is low.)

Explanation

Low income per head is the main mark of a developing country.