WAEC Economics 2021 Theory — Question 5
Question 5 of 26 from the West African Examinations Council (WAEC) Economics 2021 Theory paper, with the correct answer and a full explanation.
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1(e). (i) Identify the type of economy depicted in the table. (ii) Give a reason for your answer in (i).
Model answer
(i) It is an industrialized economy. (ii) The number of people engaged in the production sector is the highest among all the occupation categories shown, indicating that manufacturing/industry dominates the economy.
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