In most underdeveloped countries, development plans do not achieve their objective due to
ECONOMICS
WAEC 2019
In most underdeveloped countries, development plans do not achieve their objective due to
- A. poor coordination between local and national governments
- B. exportation of more primary products
- C. lack of educational institutions in those countries
- D. urban-rural migration of citizens
Correct Answer: B. exportation of more primary products
Explanation
Developing economies mainly trade in primary exports. These primary products are transformed into finished goods by the developed economies and sold to underdeveloped countries. The money raised from the sale of the primary products is then used to pay for manufactured imports, this has been a serious impediment in its developmental strides.
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