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

One major criticism of foreign aid to developing countries is that it
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Gives too much power and control to world bank
  • B Encourages growth in government bureaucracy
  • C Is capital using rather than capital saving
  • D Provides incentives for capital flight
Correct Answer: Option C
Explanation:
The loans help to create poverty, as capital that could have been invested instead was channeled into debt repayment.

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