O-LevelEconomicsEconomic development2281/12 · Oct/Nov 2020 · Q251 Mark

Which factor in the world's low-income countries limits their economic development?

Abalance of payments surpluses

Bhigh saving ratios

Clarge inflows of foreign investment

Drapid population growth

✓ Correct answer

D: rapid population growth

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Topic: Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2020 Paper 1 Variant 2, question 25.

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