NECO Economics Past Questions & Answers - Page 20

96.

Which of the following is NOT an advantage of localization of industry?

A.

Availability of social amenities

B.

Development of subsidiary industries

C.

Highly organized markets

D.

Supply of skilled labour

E.

Traffic De-congestion

Correct answer is E

No explanation has been provided for this answer.

97.

Which of the following is NOT a positive contribution a petroleum to Nigeria economy?

A.

Development of bat infrastructures

B.

Increase in National income

C.

Major employer of labour

D.

Major foreign exchange earned

E.

Turning the nation to mono-product economy

Correct answer is E

No explanation has been provided for this answer.

98.

The system of farming which involves the use of a large hectare of land planted with economic crops is known as

A.

Cooperative farming

B.

Mechanized farming

C.

Peasant farming

D.

Plantation farming

E.

Tree planting

Correct answer is B

No explanation has been provided for this answer.

99.

Range is NOT the best method of measuring dispersion because it considers only the

A.

First number

B.

First two numbers

C.

Frequently occurred number

D.

Middle number

E.

Two extreme number

Correct answer is E

No explanation has been provided for this answer.

100.

Which of the following will NOT bring about an increase in Labour force?

A.

Better medical services

B.

Decrease in death rate

C.

Emigration

D.

Immigration

E.

Increase in birth rate

Correct answer is C

No explanation has been provided for this answer.