JAMB - Economics (2024 - No. 50)
Which of the following is NOT an objective of Economic planning?
Equitable allocation of resources
Widening the income gap
Achieving economic growth
Creating employment
Explanation
Widening the income gap is not an objective of economic planning. Economic planning typically aims to address socio- economic challenges and achieve certain developmental goals. Instead, economic planning often aims to reduce income inequalities and promote inclusive growth that benefits a broader segment of the population.
Comments (0)
