Meaning and scope of Economic Growth and Development - Jamb Economics Past Questions and Answers

Question 11:

• JAMB 1998

The major objective of economic growth is to?

A. Redistribute income and other benefits of growth
B. Equalize opportunities for education and employment
C. Increase the aggregate expenditure on goods and services
D. Increase real per capital income

Question 12:

• JAMB 1998

Development plans have not been successful in some developing countries largely because of?

A. Very large working population
B. Increase level of consumption
C. Scarcity of industrial raw materials
D. Shortage of skilled labour and experts

Question 13:

• JAMB 1999

Economic development may be defined as economic growth?

A. In a given country
B. Over a long period
C. And improved health facilities
D. And improved distribution of wealth

Question 14:

• JAMB 2001

Economic growth can be accelerated through?

A. Balancing of savings and consumption
B. Postponement of current consumption
C. Planned current consumption
D. Increased current consumption

Question 15:

• JAMB 2001

In order to accelerate economic development, a country must?

A. Stimulate her population growth rate
B. Pursue a high population growth rate
C. Pursue a rational population policy
D. Pursue an incremental population policy