Waec Economics 2019 Past Questions and Answers

Question 36:

• WAEC 2019

Human development can be improved if

A. Banks give more loans to businessmen
B. Large family sizes are encouraged
C. General education and training are encouraged
D. It is handled by the private sector only

Question 37:

• WAEC 2019

The use of interest rates to control the money supply is a

A. Control policy
B. Monetary policy
C. Developmental policy
D. Fiscal policy

Question 38:

• WAEC 2019

Agricultural productivity may be increased if

A. Educational institutions are established in rural areas
B. Commercial banks are established in rural areas
C. More infrastructural facilities are provided in rural areas
D. Labour intensive method of agriculture is encouraged

Question 39:

• WAEC 2019

Which of the following is a major advantage of establishing a tomato-processing factory in a country?

A. Local consumption will decrease
B. More unskilled labour will be employed
C. Foreign exchange will be conserved
D. It will attract more tourists

Question 40:

• WAEC 2019

A country is described as industrialized if

A. The contributions of industries to national income are high
B. Traditional and modern sectors coexist
C. The country adopts an import promotion strategy
D. Primary industries dominate the economy