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Economics 2019 JAMB Past Questions

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26

A form of tax that is mildly progressive and regressive is_______

  • A. Proportional tax
  • B. Progressive tax
  • C. Regressive tax
  • D. Digressive tax
View Answer & Discuss (2) JAMB 2019
27

Industrialization is the process of___________

  • A. concentrating a firm in a place
  • B. transforming as economy based on extractive to manufacturing
  • C. transferring a government industry to individual
  • D. transforming finished goods into semi-finished goods
View Answer & Discuss (2) JAMB 2019
28

One of these is not a way by which government encourage industrialization?

  • A. Protection of Infant industries
  • B. Establishment of Nigeria Enterprises Promotion Decree
  • C. Low Productivity and inefficiency
  • D. Establishment of higher institutions
View Answer & Discuss JAMB 2019
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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29

The sector which contribute highly to the economy is___________

  • A. Primary sector
  • B. Secondary sector
  • C. Tertiary sector
  • D. Education sector
View Answer & Discuss JAMB 2019
30

A permit that allows an importer to bring a certain quantity of foreign goods into a country is_________

  • A. Import monopoly
  • B. Import licence
  • C. Import quota
  • D. Embargo
View Answer & Discuss (1) JAMB 2019
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts