An important feature of economic development is

Assessment: WAEC SSCE - Economics - 2008 (Objective) Subject: Economics

Question 1 Report

An important feature of economic development is

Answer Details
An important feature of economic development is a high literacy level. This means that the population is educated and skilled, which leads to a more productive and efficient workforce. With a higher literacy level, people can understand complex issues, have better decision-making skills, and engage in innovation and technological advancement. This can lead to a more diversified economy with higher levels of production and income. Additionally, a high literacy level can lead to better health outcomes, increased political participation, and overall societal progress. Therefore, promoting education and literacy is essential for sustainable economic development. The other options, such as population explosion, reduction in exports, and low exports, are not necessarily features of economic development and can even hinder it.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning