Which of the following activities will not lead to economic growth?

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