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1751

Agricultural productivity may be increased if

  • A. educational institutions are established in rural areas
  • B. commercial banks are established in rural areas
  • C. more infrastructural facilities are provided in rural areas
  • D. labour intensive method of agriculture is encouraged
View Answer & Discuss (1) WAEC 2019
1752

Which of the following is a major advantage of establishing a tomato-processing factory in a country?

  • A. Local consumption will decrease
  • B. More unskilled labour will be employed
  • C. Foreign exchange will be conserved
  • D. It will attract more tourists
View Answer & Discuss (1) WAEC 2019
1753

A country is described as industrialized if

  • A. the contributions of industries to national income are high
  • B. traditional and modern sectors coexist
  • C. the country adopts an import promotion strategy
  • D. primary industries dominate the economy
View Answer & Discuss WAEC 2019
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1754

The total value of goods and services produced within the borders of a country is

  • A. net national product
  • B. net domestic product
  • C. gross domestic product
  • D. gross national product
View Answer & Discuss WAEC 2019
1755

Which of the following factors will not underestimate the national income?

  • A. Rapid decrease in prices
  • B. Increased subsistence production
  • C. Practice of specialization of labour
  • D. Increase in value of services not paid for
View Answer & Discuss WAEC 2019
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