The deregulation of telecommunication services in Nigeria is a characteristic of
Command economy
Traditional economy
Market economy
Feudal economy
Correct answer is C
Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. It is a characteristics of a market economy.
A market economy is a system where the laws of supply and those of demand decide the production of goods and services.
The labour force of a country best describes
The number of people in paid employment
The number of people receiving pension
People within the retirement age
People within the working age
Correct answer is D
No explanation has been provided for this answer.
An upward review of the retirement age will affect the
Wage rate
Demand for labour
Supply of labour
Tax rate
Correct answer is C
No explanation has been provided for this answer.
The movement of people from rural to urban areas affects the
Occupational distribution of population
Sex distribution of population
Geographical distribution of population
Age distribution of population
Correct answer is C
No explanation has been provided for this answer.
The Malthusian theory of population has been rendered ineffective by
Government policies
Natural disasters
Birth control measures
Technical progress
Correct answer is D
No explanation has been provided for this answer.