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Economics Past Questions and Answers

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Economics Questions

Question 2341:

Land is often distinguished as a factor of production because it

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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

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Question 2342:

which of the following is an advantage of division of labour? It

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A Saves time
B Make possible the sue of machine
C Is monotonous
D Leads to specialization
E Aids the development of skills

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Question 2343:

the location of timber and plywood industries in West Africa is mainly influenced by the

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A Avilability of transport
B Good climate
C Availability of power supply
D Adequate labour supply
E Presence of a luxuriant forest

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Question 2344:

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

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

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Question 2345:

The growth of the population is the ?

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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

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