Merits and demerits of commercialization in Nigeria - SS2 Government Past Questions and Answers - page 1
What is a potential benefit of commercialization in Nigeria?
Increased inequality
Economic growth
Economic growth
How can commercialization lead to improved productivity in Nigeria?
By discouraging innovation
By increasing competition
By reducing access to technology
What is a potential negative impact of commercialization on small businesses in Nigeria?
Increased competition
Improved productivity
Displacement
What is a potential negative impact of commercialization on the environment in Nigeria?
Reduced pollution
Environmental degradation
Increased environmental sustainability
What is a potential negative impact of commercialization on labor rights in Nigeria?
Improved working conditions
Labor exploitation
Increased wages
What are some potential benefits of commercialization in Nigeria?
Commercialization can lead to economic growth, improved productivity, increased competitiveness, and technology transfer.
What are some potential negative impacts of commercialization in Nigeria?
Commercialization can lead to the displacement of small businesses, increased inequality, environmental degradation, exploitation of labor, and dependence on foreign investors.