JAMB Economics Past Questions & Answers - Page 130

646.

A sugar industry is best located near the source of

A.

Labour

B.

Raw materials

C.

Power

D.

Capital

Correct answer is B

A sugar industry is best located near the source of raw material. Raw materials can be explained as substance or material used in the manufacturing or primary production of goods. 

647.

A strategy for improving agriculture in Nigeria will involve

A.

Controlling the prices of agricultural products

B.

Ensuring self-sufficiency in food production

C.

Reducing agricultural exports

D.

Establishing commondity boards

Correct answer is B

One of the ways to improve agriculture in Nigeria is too first ensure self-sufficiency. Agricultural production Nigeria should be able to cater for the needs of the people before working towards exportation. 

 

Nigeria should be able to maintain oneself or itself without outside aid.

648.

An emerging agricultural export crop in Nigeria is

A.

Cassava

B.

Cotton

C.

Cocoa

D.

Soya beans

Correct answer is C

Cocoa is the leading agricultural export of the country and Nigeria is currently the world's fourth largest producer of Cocoa, after Ivory Coast, Indonesia and Ghana, and the third largest exporter, after Ivory Coast and Ghana.

649.

The primary reason for desiring economic growth is to

A.

Control inflation

B.

Reduce poverty

C.

Redistribute income

D.

Raise standard of living

Correct answer is C

No explanation has been provided for this answer.

650.

Rapid economic development in Nigeria is realizable by

A.

Continuous dependence on oil

B.

Concentrating more on agriculture

C.

Developing the tourism industry

D.

Diversifying the economy

Correct answer is D

No explanation has been provided for this answer.