Post Utme Veritas University 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_VERITAS_UNIVERSITY • 2017 • ECONOMICS • objective

The concept of economic planning and development suggests that governments play a crucial role in guiding the economy towards sustainable growth and development. Which of the following is a correct example of an economic planning and development strategy?

Answer Options

A. A situation where the government provides subsidies to farmers to increase agricultural production.
Correct Answer B. A situation where the government invests in infrastructure to improve transportation and communication.
C. A situation where the government provides training and education to workers to improve their skills.
D. A situation where the government imposes tariffs on imported goods to protect local industries.
Correct Answer
B
Correct Option:
A situation where the government invests in infrastructure to improve transportation and communication.

About This Question

This is Post Utme Veritas University 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Veritas University Economics examination.

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