Jamb Economics 2006 Past Questions and Answers

Question 31:

• JAMB 2006

A major advantage of industrialization is that it

A. Leads to self-reliance
B. Curbs inflation
C. Leads to growth and development
D. Improves the terms of trade

Question 32:

• JAMB 2006

The oil-producing area in Nigeria are agitating for special compensation owing mainly to

A. The high level of poverty
B. The high level of unemployment
C. Constant flooding
D. Environmental pollution

Question 33:

• JAMB 2006

If children and the aged dominate the population of a country, this results in

A. A reduction in the importation of capital goods
B. A fall in the standard of living
C. An increase in the national income
D. An improvement in the standard of living

Question 34:

• JAMB 2006

A major factor militating against rapid industrialization in Nigeria is

A. Inadequate skilled manpower
B. Poor market facilities
C. Poor transport facilities
D. Epileptic power supply

Question 35:

• JAMB 2006

Minimum wage legislation will result in

A. Reduced income
B. Greater supply labour
C. Reduced labour productivity
D. Greater demand for labour