Economics 1993 Waec Past Questions and Answers

Question 21 :

• WAEC 1993

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

Question 22 :

• WAEC 1993

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

Question 23 :

• WAEC 1993

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

Question 24 :

• WAEC 1993

the occupational distribution of population in most West African countries shows the highest concentration in

A. Agriculture and aalied industries
B. Mining and manufacturing
C. The distributive trade
D. Commerce and industries
E. Mining and services

Question 25 :

• WAEC 1993

The growth of the population is the ?

A. Annual increase in population
B. Total population of a country at a given time
C. Addition to the total population over a given period
D. Increase in the working population over a given period
E. Percentage increase in population in a given year