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Economics Past Questions

Study and practice Economics past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

44 questions JAMB 2540 WAEC 1723 NECO 272 CUSTOM 10

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Past Questions

44 questions

Question 1 of 4 44 total questions

Question 21

neco 2002

The contribution of petroleum to the economy of nigerian is most prominent in the area of

Aemployment generation

Bfuel provision

Cinfrastructural development

Drevenue generation

Etechnical know-how

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Question 22

neco 2002

An economic system in which individual control the productive resources is known as

Acapitalism

Bcommunism

Cfreedomism

Dsocialism

Ewelfarism

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Question 23

neco 2002

The act of cultivating land and rearing of animal for man’s use is

Aagriculture

Bmono culture

Cforestry

Daqua-science

Ehorticulture

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Question 24

neco 2002

If government in a fiscal year has its revenue receipts less than the expenditure, such country is having

Abalanced budget

Bdeficit budget

Cfavorable budget

Dsurplus budget

Eunfavorable budget

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