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Gross capital formation in Nigeria 1964-1973, what can be inferred from the histogram above?

Gross capital formation in Nigeria 1964-1973, what can be inferred from the histogram above?
  • A.
    there was a steady growth of capital formation in the period
  • B.
    capital formation in the last two years exactly equalled those of all previous years combined
  • C.
    at the end of the period, Nigeria had become self-sufficient
  • D.
    Nigeria experienced serious economic problems during the period
  • E.
    Nigeria is one of the richest countries in Africa
Correct Answer: Option B
Explanation