TOPIC: AGRICULTURE IN WEST AFRICA
DIRECTION: Choose the correct answer from the lettered options.
1. The following are advantages of large scale agriculture EXCEPT _______.
A. use of simple implements
B. use of sophisticated implements
C. increase in employment
D. integration of crop and animal farming
The correct answer is option [A].
2. Which of the following is a part of crop production?
A. Tending
B. Transplanting
C. Monocropping
D. Mixed cropping
The correct answer is option [A]
3. Which of the following statements is true of subsistence agriculture?
A. It involves the use of modern implements.
B. It involves the growth of crops for family consumption.
C. It involves the growth of crops chiefly for export.
D. It requires large storage facilities.
The correct answer is option [B]
4. Which of the following is NOT a form of farm unit that was set up in West Africa for higher productivity and increased output?
A. Settlement schemes
B. Investment scheme
C. Improvement scheme
D. Development scheme
The correct answer is option [D]
5. Agriculture is central to Nigeria’s economic development because _____.
A. Nigeria’s comparative advantage lies mainly in agro-allied industries
B. it is the largest employer of labour
C. it is an insignificant part of the gross domestic product
D. it is the main foreign exchange earner
The correct answer is option [B].
6. Tree crops include the following EXCEPT ______.
A. kolanut
B. coconut
C. cocoyam
D. oil palm
The correct answer is option [C]
7. ______ is a system of agriculture.
A. Crop production
B. Forestry
C. Mechanised farming
D. Fishing
E. Livestock
The correct answer is option [C] Systems of agriculture include: peasant farming, plantation farming, mechanised farming and co-operative farming. Options A, B, D and E are components of agriculture.
TOPIC: BASIC ECONOMIC PROBLEMS OF SOCIETY
DIRECTION: Choose the correct answer from the lettered options.
1.In a capitalist economy, the decision regarding what to produce is left in the hands of _____.
A. private individuals
B. government and private individuals
C. government
D.central planning agency
The correct answer is option [A]
2. Efficiency is measured by _____.
A. input of resources/output of goods or service
B. input of goods or services/output of resources
C. quantity of capital/input of resources
D. output of goods or services/input of resources
E. None of the above
The correct answer is option [D]
3. The two main modes of production in every economy are ____ and ____ modes.
A. consumer and producer
B. labour intensive and capital intensive
C. primary and secondary
D. short-term and long-term
The correct answer is option [B]
4. Which of the following is NOT a disadvantage of capitalism?
A. Unregulated competition can create monopoly by one producer eliminating others.
B. Wastage of resources can occur as a result of speculative overproduction of goods and services.
C. Exploitation of workers can result in excessive profiteering.
D. Competition ensures that the quality of goods and services is continuously improved upon.
The correct answer is option [D]
5. Which of the following is NOT a feature of socialism?
A. Mutual coexistence of public and private sector.
B. Competitive production is officially absent.
C. Private firms and individuals are officially barred from certain economic activities.
D. The government owns and controls all the major means of production.
E. Production is not based on profit motive.
The correct answer is option [A]
6. In a planned economy __________.
A. resources are allocated by market forces
B. the government determines what is produced
C. the price mechanism acts as a signal and incentive
D. there is private sector dominance
The correct answer is option [B]
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