The production strategy used in an over-populated country...
The production strategy used in an over-populated country is
Import substitution
Capital intensive
Labour intensive
First come first employed
Correct answer is C
Labour intensive simply refers to a process or an industry that requires a large amount of labor to produce its goods or services. It is suitable for an over-populated economy.
Joint ventures are partnerships involving ...
The main concern of economists is to________ ...
The following are measures of location except_______ ...
The situation whereby in a fiscal year a government’s revenue receipt are less than its expend...
Which of the following is not true of a firm in equilibrium condition in perfect competition? ...
Which is NOT a cause of high population growth in Nigeria? ...
Which of the following is not an item of capital expenditure? ...