A. massive importation of capital goods
B. intensive capital formation locally
C. use of modern technology
D. massive importation of consumer goods
Correct Answer: Option D
D. massive importation of consumer goods
Explanation
Activities that lead to economic growth
- Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country’s Production Possibility Curve.
- Physical Capital or Infrastructure.
- Population or Labour.
- Human Capital.
- Technology.
- Law