Waec Economics Past Questions and Answers

Question 606:

• WAEC 2001

In which of the following economic system is the consumer referred to as the king?

A. Capitalist economy
B. Socialist economy
C. Communist economy
D. Mixed economy

Question 607:

• WAEC 2001

The dispersal of people in a country is called

A. Mobility of people
B. Geographical distribution
C. Occupational distribution
D. State distribution

Question 608:

• WAEC 2001

In a country with ageing population , the total population

A. Comprises young school leavers only
B. Comprises mainly women
C. Is increasing at a low rate
D. Has reached the optimum level

Question 609:

• WAEC 2001

Population growth can be controlled by all the following except

A. Legalizing abortion
B. Incentives on immigration
C. Family planning
D. Limiting number of children per family

Question 610:

• WAEC 2001

Performance of one task in a production process is known as

A. Specialization
B. Standardization
C. Division of labour
D. Segmentation