JAMB Economics 2017 Objective — Question 9
Question 9 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2017 Objective paper, with the correct answer and a full explanation.
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One of the reasons why Nigeria is a mono-economy is because of her
- A. huge volume of petroleum activities in the countryCorrect
- B. diversified system of economic activities
- C. high demand for foreign commodities
- D. high rate of unemployment
Explanation
Nigeria's huge dependence on petroleum activities is the major reason for her mono-economy situation.
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