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JAMB Commerce 1997 Question 43

Question 43

Government and Business

The least of the advantages of indigenization is that

  1. A.the standard of living of the indigenes is improved
  2. B.the economy is controlled by the nationals
  3. C.entrepreneurial skill is developed
  4. D.foreigners' domination is avoided.
Show the answer and explanation

Answer: A (the standard of living of the indigenes is improved)

Explanation

Indigenisation mainly gives control of the economy to Nigerians and builds local skills; a better standard of living is only an indirect, uncertain result.