WAEC Economics 2016 Objective — Question 29
Question 29 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.
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29. Which of the following will encourage cash intensive farming? (a) Encouraging communal system of land ownership (b) Adopting policies that will encourage rural-urban migration (c) Provision of subsidies on equipment (d) Restrictive lending policies by banks
- A. Encouraging communal system of land ownership
- B. Adopting policies that will encourage rural-urban migration
- C. Provision of subsidies on equipmentCorrect
- D. Restrictive lending policies by banks
Explanation
If equipment are subsidized, then the farmers can access the machines and this may lead to capital intensive farming.
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