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Economics Past Questions and Answers

Waec Economics Questions

Question 1141:
Explain any five objectives of the Economic Community of West African States (ECOWAS). [20 marks]
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    Question 1142:
    The following are examples of economic goods except
    • A Bottled water
    • B Air
    • C Household utensils
    • D Shelter
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    Question 1143:
    The following are examples of economic goods except
    • A Bottled water
    • B Air
    • C Household utensils
    • D Shelter
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    Question 1144:
    A tent-making factory offers
    • A Personal services
    • B Indirect services
    • C Social services
    • D Reflex services
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    Question 1145:
    In which of the following economic system do we have mostly private ownership of resources and individual decision making?
    • A Capitalist system
    • B Socialist system
    • C Mixed system
    • D Traditional system
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