Which of the following support the view that there was commerce in Nigeria many years ago?
The economy was consistent
Specialization was minimal
Cowries were used as money
Horses wee used as means of transportation
Communities were interdependent
Correct answer is E
No explanation has been provided for this answer.
Which of the following convert raw materials into finished goods?
Extractive industry
Manufacturing
Commercial occupation
Constructive industry
Tertiary industry
Correct answer is B
No explanation has been provided for this answer.
The practice of employing specialists in relevant occupation is a feature of?
subsistence economy
mobility of labour
mixed economy
exchange economy
division of labour
Correct answer is E
No explanation has been provided for this answer.
The process of buying and selling and distribution of goods and services is known as?
retail trade
commerce
marketing concept
marketing mix
wholesale trade
Correct answer is B
No explanation has been provided for this answer.
An insurance broker is involved in?
manufacturing occupation
distributive occupation
commercial occupation
extractive occupation
constructive occupation
Correct answer is C
No explanation has been provided for this answer.