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

Question 16:

• JAMB 2005

Economic growth is different from economic development because economic growth

A. Describes expansion and change
B. Is measurable but not objective
C. Describes expansion and not change
D. Is not measurable but objective

Question 17:

• JAMB 2005

Economic growth is different from economic development because economic growth

A. Describes expansion and change
B. Is measurable but not objective
C. Describes expansion and not change
D. Is not measurable but objective

Question 18:

• JAMB 2009

The Basic Needs Approach to development is

A. Poverty alleviation
B. Provision of educational infrastructure
C. Provision of health services
D. Improvement in workers income

Question 19:

• JAMB 2011

A country achieves economic development when there is

A. An increase in military expenditure
B. An increase in capacity utilization
C. A sustained increase in per capital income
D. An even distribution of goods and services

Question 20:

• JAMB 2012

Rapid economic development in Nigeria is realizable by

A. Continuous dependence on oil
B. Concentrating more on agriculture
C. Developing the tourism industry
D. Diversifying the economy