Political instability hinders economic growth because it

Assessment: WAEC SSCE - Economics - 2022 (Objective) Subject: Economics

Question 1 Report

Political instability hinders economic growth because it
Answer Details
Most developing countries are not politically stable e.g frequent changes in government, commnual crises, etc. These generally lead to low economic growth and development. Theferore, political instability, through its adverse influence on investment, accounts for substantial reduction in the economic growth.
Read lesson note on Economic Growth And Development (JAMB)
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