One of the ways by which the government can speed up economic development is thr...
Question
One of the ways by which the government can speed up economic development is through the?Options
A)
increase in consumption pattern of the people
B)
encouragement of savings, investment and equitable distribution of goods and services
C)
increase in the rate of population growth so as to ensure that the country has a large labour force
D)
encouragement of importation of raw materials to produce consumer goods
Related Lesson: Advantages and Disadvantages of Socialism | Economic Systems
The correct answer is B.
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