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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.

46 questions JAMB 2540 WAEC 1723 NECO 272 CUSTOM 10
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Past Questions

46 questions
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Question 1 of 6 46 total questions
Question 21
waec 2004
Mixed economy refers to a system in which the means of production are controlled by
Aprivate enterprises and the government
Bprivate indidviduals
Cthe government only
Dthe workers and businessmen
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Question 22
waec 2004
In a capitalist system, the means of production is owned and controlled by
Athe government
Bpoliticians
Cprivate indidviduals
Dthe workers
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Question 23
waec 2004
A carpenter's consumer goods includes 1. a kilogram of rice II. 3 pairs of shoes III. 4 pairs of socks IV. 3 screw drivers
AI and IV only
BI,II,III and IV
CI, II and IV only
DI, II and III and III
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Question 24
waec 2004
The three broad categories of productions are
Adirect, secondary and extractive
Bprimary, tertiary and direct
Cprimary, secondary and tertiary
Dsecondary , primary and direct
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Question 25
waec 2004
The reward for land as a factor of production is
Ainterest
Brent
Cdividends
Dwages
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Question 26
waec 2004
Which of the following is an economic activity?
Aattending a town's meeting
Ba visit to the stadium
Cpayment of school fees
Darresting a petty thief
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