WASSCE Economics · Paper 1 style

Development

One sample question with the full working. 3 more in the app, with instant feedback and repair sessions for the traps below.

Economic development differs from economic growth in that development

Show the answer and working

Answer: C

Growth measures only output increase.

Trap A Over-generalises a rule: Economic laws hold 'other things being equal' and within limits. Be suspicious of options with always/never/all.

Trap B Gives only part of the answer: List every component in the definition (GDP = C + I + G + (X − M)) and tick them off before answering.

Trap D Over-generalises a rule: Economic laws hold 'other things being equal' and within limits. Be suspicious of options with always/never/all.

Over-generalises a rule
Economic laws hold 'other things being equal' and within limits. Be suspicious of options with always/never/all.
Gives only part of the answer
List every component in the definition (GDP = C + I + G + (X − M)) and tick them off before answering.
Balance of payments errors
Visible trade = goods (balance of trade). Invisible = services (shipping, tourism, insurance). Current account = visibles + invisibles + income + transfers. Capital account = investment and loans.
Development planning misconceptions
Growth = increase in real GDP. Development = growth plus improved welfare (health, education, reduced poverty). Rolling plans are revised annually; perspective plans are long-term.
Misreads population structure
High birth rate → broad base, many young dependants. Low birth + low death → ageing population.