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Thursday, 30 April 2026
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Economics Past Questions and Answers

Waec Economics Questions

Question 1286:
The financial institution that specializes in risk spreading is called
  • A An investment bank
  • B A development bank
  • C An insurance company
  • D The stockexchange
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Question 1287:
The following are means of reducing the population of a country except encouraging
  • A Emigration
  • B Family planning
  • C Early marriage
  • D Sex education
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Question 1288:
Which of the following features best describes peasant agriculture in West Africa? It
  • A Specializes in the production of one crop
  • B Involves the use of small farm holdings
  • C Is a capital-intensive system of farming
  • D Is mostly associated with tree crops
View Answer & Explanation
Question 1289:
One of the problems facing industrial development in West African countries is
  • A Inadequate large market
  • B Inadequate infrastructure
  • C Inadequate supply of labour
  • D Unavailability of natural resources
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Question 1290:
In a situation where the finished product of an industry is fragile, bulky and perishable, such an industry should be located close to its
  • A Raw materials
  • B Market
  • C Labour supply
  • D Power supply
View Answer & Explanation