WAEC Economics Past Questions & Answers - Page 224

1,116.

West African economy can best be described as

A.

Agricultural

B.

Backward

C.

Developed

D.

Industrialized

Correct answer is A

No explanation has been provided for this answer.

1,117.

Gross National Product (GNP) less depreciation is known as

A.

Gross Domestic Products

B.

Gross National Income

C.

Fixed National Income

D.

Net National Income

Correct answer is D

No explanation has been provided for this answer.

1,118.

In order to boost agriculture, West African countries should pay more attention to

A.

Shifting cultivation

B.

Animal husbandry

C.

Seed multiplication

D.

Mechanization

Correct answer is D

No explanation has been provided for this answer.

1,119.

The most common form of business enterprise in West Africa is the

A.

Sole proprietorship

B.

Cooperative

C.

Partnership

D.

Joint stock company

Correct answer is A

No explanation has been provided for this answer.

1,120.

Infant industries are industries that

A.

Deals in the production of infant books

B.

Are in their earlier stage of production

C.

Produce dresses for infants

D.

Are well established

Correct answer is B

No explanation has been provided for this answer.