National Economy - JSS3 Social studies Past Questions and Answers - page 2

11

Where is the Kurmi market located, known for its trading activities?

A

Lagos

B

Kano

C

Abuja

D

Port Harcourt

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12

Which economic activity involves the creation of livelihoods through the exchange of goods?

A

Manufacturing

B

Trading

C

 Farming

D

Fishery

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13

What is a major consideration for Nigeria's economic self-sufficiency in manufacturing?

A

 Import dependence

B

Sustainable fishing

C

Over-reliance on agriculture

D

Local production

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14

What is the primary focus of the market in Lagos known as Balogun?

A

Manufacturing

B

Trading

C

Farming

D

Fishery

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15

What are some examples of economic activities within the national economy of a country?

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16

How does the agricultural sector contribute to Nigeria's economy?

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17

Explain the importance of sustainable fishing practices in the context of Nigeria's economy.

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18

What role does trading play in Nigeria's economic landscape, and can you name a notable trading market in the country?

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19

How does the manufacturing sector contribute to economic self-sufficiency in Nigeria?

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20

Why is it essential to balance and promote local production in Nigeria's economic activities, especially in the context of manufacturing?

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