A major obstacle to economic development is?

Assessment: JAMB UTME - Economics - 1991 Subject: Economics

Question 1 Report

A major obstacle to economic development is?
Answer Details
One major obstacle to economic development is low productivity. When workers are not producing enough goods or services, it can lead to a decrease in overall economic output and growth. This can be caused by a variety of factors such as inadequate infrastructure, lack of access to education or technology, poor working conditions, or insufficient investment in research and development. In order for an economy to grow and develop, it is essential for productivity to increase over time.
Read lesson note on Agriculture (WAEC)
Read lesson note on Economic Growth And Development (JAMB)
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