Categories: Economics WAEC

Development planning focuses mainly on?

A. allocation of resources by the entrepreneurs
B. mapping out strategies by the government
C. developing some areas of the country by the government
D. deciding on which types of homes to build

Correct Answer:

Option B – mapping out strategies by the government

Explanation

Economic development planning is the process government formulate economic policies for the allocation of resources to all sectors of the economy over a period of time. This brings about sustained growth in the economy.

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