WAEC Economics 2019 Objective — Question 49
Question 49 of 50 from the West African Examinations Council (WAEC) Economics 2019 Objective paper, with the correct answer and a full explanation.
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Exploitation of forest resources becomes a major problem where
- A. communities fight over ownershipCorrect
- B. they are not renewed
- C. they are neglected
- D. the supply is fixed in the long-run
Explanation
When there is a land/forest ownership tussle among communities, it becomes difficult to exploit the forest, since the dispute creates fear/uncertainty among those willing to invest in exploiting the resource.
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