Search SchoolNGR

Thursday, 02 April 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 4256:
The act of cultivating land and rearing of animal for man’s use is ____________
  • A Agriculture
  • B Mono culture
  • C Forestry
  • D Aqua-science
  • E Horticulture
View Answer & Explanation
Question 4257:
An economic system in which individual control the productive resources is known as ____________
  • A Capitalism
  • B Communism
  • C Freedomism
  • D Socialism
  • E Welfarism
View Answer & Explanation
Question 4258:
The contribution of petroleum to the economy of nigerian is most prominent in the area of ____________
  • A Employment generation
  • B Fuel provision
  • C Infrastructural development
  • D Revenue generation
  • E Technical know-how
View Answer & Explanation
Question 4259:
The Nigerian indigenization decree process involves ____________
  • A 5 phases
  • B 6 phases
  • C 4 phases
  • D 3 phases
  • E 2 phases
View Answer & Explanation
Question 4260:
Transcationary motive implies, holding money
  • A For future investment
  • B For day to day expenses
  • C For unforeseen contingencies
  • D To settle previous debts
  • E To buy share in the stock exchange market
View Answer & Explanation