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Economics Past Questions and Answers

Economics Questions

Question 3631:
which of the following is an implication of a large population
  • A Decrease in crime rate
  • B Increase in food supply
  • C Decrease in standard of living
  • D Decrease in cost of living
View Answer & Explanation
Question 3632:
An industry whose product loses considerable weight after processing must be sited close to?
  • A A ready market
  • B Power station
  • C The source of finance
  • D The raw material
View Answer & Explanation
Question 3633:
The system of agriculture which involves the cultivation of crops and rearing of animals for family consumption only is termed?
  • A Peasant farming
  • B Plantation agriculture
  • C Commercial farming
  • D Subsistent farming
View Answer & Explanation
Question 3634:
which of the following is a threat to the existence of middlemen
  • A Consumers cooperative society
  • B Producers cooperative society
  • C Sales agents
  • D Large scale producers
View Answer & Explanation
Question 3635:
in an industrial area, the location of industries is particularly influenced by ?
  • A Extent of the division of labour
  • B External economies
  • C Internal economies
  • D Nearness to financial institution
View Answer & Explanation