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2486

A major obstacle to the development of Nigeria economy is

  • A. low capital formation
  • B. rural-urban migration
  • C. over dependence on oil
  • D. poor developmental policies
View Answer & Discuss (3) JAMB 2014
2487

A major feature of an underdeveloped economy is

  • A. excess capacity utilization
  • B. low rate of population growth
  • C. low level of standard of living
  • D. low level of unemployment
View Answer & Discuss JAMB 2014
2488

An important role of agriculture in Nigeria's economic development is the

  • A. processing of raw materials for industries
  • B. regulation of price system
  • C. provision of infrastructure
  • D. provision of employment
View Answer & Discuss JAMB 2014
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2489

An advantage of large-scale farming over peasant farming is in the area of

  • A. providing research and massive employment of labour
  • B. redistributing national income to various regions of the country
  • C. encouraging the use of traditional implements
  • D. encouraging urban-rural migration
View Answer & Discuss JAMB 2014
2490

A major disadvantage of localization of industry is

  • A. the risk of structural unemployment
  • B. over-utilization of installed industrial capacity
  • C. the risk of seasonal unemployment
  • D. under-utilization of installed industrial capacity
View Answer & Discuss (6) JAMB 2014
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts