by Sunday | Oct 19 | Economics JAMB
A. An industrial union B. A workers union C. A craft union D. A technical union Correct Answer: Option C – A craft union Explanation Craft union is a labor union with membership limited to workers of the same craft. It is a union representing workers who share...
by Sunday | Oct 19 | Economics JAMB
A. Rural-urban migration B. Rural-rural migration C. Urban-rural migration D. Seasonal migration Correct Answer: Option A – Rural-urban migration Explanation As a result of difference in economic opportunities, people tend to migrate to where there are more...
by Sunday | Oct 19 | Economics JAMB
A. Employer’s association B. Craft Union C. Trade union D. Employee’s union Correct Answer: Option A – Employer’s association Explanation Employer’s association is formed to enable members to adopt a common policy in labour negotiation. A good example of...
by Sunday | Oct 19 | Economics JAMB
A. Revenue generation B. Economic development C. Fiscal Policy D. Taxation Correct Answer: Option C – Economic development Explanation Fiscal policy is the use of income and expenditure instruments or policies to control or regulate the economic activities of a...
by Sunday | Oct 19 | Economics JAMB
A. Urban-Rural migration B. Rural-Urban migration C. Rural-Rural migration D. Urban-Urban migration Correct Answer: Option B – Rural-Urban migration Explanation Rural-urban migration is the movement of people from rural areas such as villages to urban centers....