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Economics Past Questions and Answers

Waec Economics Questions

Question 596:

(a) What is unemployment?
(b) Explain any three types of unemployment

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Question 597:

Why do governments impose taxes?

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Question 598:

Give five reasons for the low rate of industrial growth in your country.

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Question 599:

Economic problems arises because

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A Resource are scarce relative to wants
B Man is insatiable
C Money is scarce
D Man engages in too many economic activities

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Question 600:

Economic problems arises because

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A Resource are scarce relative to wants
B Man is insatiable
C Money is scarce
D Man engages in too many economic activities

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