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Which of the following activities will not lead to economic growth?

Economics
JAMB 2022

Which of the following activities will not lead to economic growth?

  • A. Massive importation of capital goods
  • B. Intensive capital formation
  • C. Use of modern technology
  • D. Massive importation of consumer goods
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Correct Answer: Option D
Explanation

Massive Importation of consumer goods will not lead to economic growth . Economic growth simply means increase in output per period of time.

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