Economics 2010 Jamb Past Questions and Answers

Question 36 :

• JAMB 2010

The ultimate aim of agricultural policies in Nigeria is to achieve

A. Food sufficiency
B. Industrialization
C. Full employment
D. Industrial capacity utilization

Question 37 :

• JAMB 2010

Localization of industries refers to the

A. Spread of firms producing different products
B. Siting of industries near the market
C. Concentration of firms of an industry
D. Siting of firms producing different products

Question 38 :

• JAMB 2010

In developing countries, governments influence the location of industries in order to

A. Spread development
B. Redistribute wealth
C. Encourage enterpreneurs
D. Encourage industries to earn high profits

Question 39 :

• JAMB 2010

A disadvantage of Nigeria's dependence on imported petroleum products is the

A. Instability in the demand for the products
B. Dominance of multinational firms
C. Instability in the supply of the product
D. Poor maintenance of the refineries

Question 40 :

• JAMB 2010

The maximum number of shareholders for a limited liability company is

A. Twenty
B. Five
C. Seven
D. Infinite