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Economics WAEC Past Questions

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201
Robert T. Malthus postulated in his population theory that
  • A. the death rate may become so high that people may not survive
  • B. people will eventually stop having children
  • C. people will migrate from one place to another in search of food
  • D. posititve efforts should be made to increase population
  • E. population growth rate may out-grow the means of subsistence
View Answer & Discuss (1) WAEC 1993
202
Division of labour may be restricted when
  • A. an ailing economy has improved
  • B. producers live in villages
  • C. market is small
  • D. there is full employment
  • E. there is inflation
View Answer & Discuss WAEC 1993
203
Land is often distinguished as a factor of production because it
  • A. is a free gift of nature
  • B. constitutes one-third of the entire world
  • C. is unlimited in supply
  • D. is owned by individuals
  • E. is owned by government
View Answer & Discuss WAEC 1993
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204
which of the following is an advantage of division of labour? It
  • A. saves time
  • B. make possible the sue of machine
  • C. is monotonous
  • D. leads to specialization
  • E. aids the development of skills
View Answer & Discuss (4) WAEC 1993
205
the location of timber and plywood industries in West Africa is mainly influenced by the
  • A. avilability of transport
  • B. good climate
  • C. availability of power supply
  • D. adequate labour supply
  • E. presence of a luxuriant forest
View Answer & Discuss WAEC 1993
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