Commerce JAMB

Manufacturing and constructive activities are classified under?

A. primary production
B. tertiary production
C. secondary production
D. direct service

Correct Answer:

Option C – secondary production

Explanation

Secondary production: this is the manufacturing and assembly process. It involves converting raw materials into components, for example, making plastics from oil. It also involves assembling the product, eg building houses, bridges and roads.

Sunday

Share
Published by
Sunday
Tags: Commerce

Recent Posts

Annuity Contracts and Micro Pension Schemes in Nigeria

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

5 hours ago

INS 312 Theory Questions: RSA Withdrawal Conditions and Group Life Assurance Coverage in Nigeria

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

5 hours ago

INS 312 Theory Questions: Pension Reforms in Nigeria: Addressing Old Scheme Challenges and Regulatory Needs

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

5 hours ago

INS 312 Theory Questions: Pension Plans: Occupational vs Personal & Contributory Pension Analysis

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

6 hours ago

INS 312 Theory Questions: Social Insurance vs Private Insurance, ECA Objectives & Nigeria’s Pension Structure

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

6 hours ago

INS 312 Theory Questions: The Evolution, Classification, and Objectives of Pension Systems in Nigeria

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

6 hours ago