One major criticism of foreign aid to developing countries i…

JAMB Economics 2023 213 views
Source: JAMB · 2023

One major criticism of foreign aid to developing countries is that it

  1. Provides incentives for capital flight
  2. Is capital using rather than capital saving
  3. Encourages growth in government bureaucracy ✓
  4. Gives too much power and control to world bank
Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.

Was this explanation helpful?

pastQuestions.ng pastquestions.ng