In developing countries, a larger percentage of the labou...
In developing countries, a larger percentage of the labour force is employed in the
Trade sector
Tertiary sector
Primary sector
Secondary sector
Correct answer is C
Primary sector; the sector of the economy concerned with or relating to primary industry. Examples include mining, quarrying, farming, fishing and forestry, all of which produce raw materials that can be processed in to a finished product.
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Wage bill ₦6,000, Rent, Rates, Depreciation ₦200, Raw materials ₦800, Power ₦300. Total var...
Which of the following is NOT true about specialization or division of labour? ...