Which of the following is concerned with obtaining raw materials from their natural locations?
Extractive industry
Manufacturing industry
Construction industry
Transport industry
Engineering industry
Correct answer is A
No explanation has been provided for this answer.
Commerce developed as a result of?
speculation
competition
specialization
importation
exportation
Correct answer is C
No explanation has been provided for this answer.
The sole purpose of production is?
employment
promotion
consumption
competition
enterprising
Correct answer is C
No explanation has been provided for this answer.
The major divisions of commerce are?
import, export and banking
home trade and foreign trade
trade and aids to trade
exchange, consumption and production
trade and banking
Correct answer is C
No explanation has been provided for this answer.
decentralization
diversification
commercialization
specialization
rationalization
Correct answer is D
No explanation has been provided for this answer.