The Malthusian theory was concerned about the relationship between
Population growth rates of the rich and the poor nations
Population density and national income
Population growth rate and natural resources
Age distribution of population
Correct answer is C
The Malthusian Theory of Population is the theory of exponential population growth and arithmetic food supply growth.
A policy aimed at enhancing globalization of the Nigerian economy is
Indigenisation
Deregulation
Commercialization
Privatization
Correct answer is D
No explanation has been provided for this answer.
Long-term funds for investment projects are sourced from the
Money market
Commodity market
Foreign exchange market
Capital market
Correct answer is D
No explanation has been provided for this answer.
A change in the pump price of petrol in Nigeria has a direct effect on the
Prices of consumer goods
Prices of essential goods
Cost of raw materials
Cost of transportation
Correct answer is B
No explanation has been provided for this answer.
An important contribution of small-scale industries to the Nigerian economy is in the area of
Technological development
Foreign exchange earnings
Raw materials processing
Labour employment
Correct answer is D
Small scale businesses contribute hugely to the economy by means of employment, by engaging people in productive activities in exchange for wages.