Commercial Activities in Nigeria - SS2 Geography Past Questions and Answers - page 2
11
What role do major commercial areas play in Nigeria's economy?
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A
They have no impact on the economy
B
They create job losses
C
They contribute to economic growth and income generation
D
They lead to isolation from global markets
12
Why is it essential for people to have access to a wide range of products and services?
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A
It creates economic instability
B
It improves living standards
C
It decreases wealth
D
It causes unemployment
13
Why is it essential for people to have access to a wide range of products and services?
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A
It creates economic instability
B
It improves living standards
C
It decreases wealth
D
It causes unemployment
14
Which Nigerian city is known for its financial institutions and a thriving port?
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A
Kano
B
Onitsha
C
Lagos
D
Ibadan
15
What does trade involve?
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A
Buying and selling of goods and services
B
Inventing new products
C
Producing goods for personal use
D
Storing goods indefinitely
16
Explain the concept of trade in your own words.
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17
Name one major commercial area in Nigeria and describe what kinds of businesses are prevalent there
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18
Why do you think commercial activities are important for a country's economy?
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19
How can commercialization benefit both businesses and consumers?
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20
In your view, what are the key advantages of being involved in international trade for a country like Nigeria?
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