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Thursday, 02 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 16:
The sector that employs the largest proportion of the active labour force in Nigeria is the?
  • A Oil sector
  • B Federal civil services
  • C Financial sector
  • D Agricultural sector
View Answer & Explanation
Question 17:
An entirely domestic effort directed at improving agricultural production in Nigeria is the?
  • A Agricultural Development Programme
  • B Agro-industrial Development Scheme
  • C Food and Agricultural Organization
  • D National Land Development Authority
View Answer & Explanation
Question 18:
A factor that influences the location of a firm near its market is the?
  • A Transportation of bulky raw materials
  • B External economies
  • C High cost of transporting finished goods
  • D Availability of skilled manpower
View Answer & Explanation
Question 19:
In many developing countries, infrastructural problems is acute due to the shortage of?
  • A Industries and industrial equipment
  • B Savings, investment and consumption
  • C Natural resources for development
  • D Supporting services that encourage economic activities
View Answer & Explanation
Question 20:
Export-promotion policy is primary concerned with the?
  • A Processing of raw materials to increase their value
  • B Making of international routes safe for export commodity
  • C Reduction in the number of imported items
  • D Encourage of the production of export commodities
View Answer & Explanation