JAMB Commerce 2002 Question 1

Question 1

Introduction to Commerce

The most important factor that delayed the development of commerce in Nigeria was

  1. A.the inefficient means of communication
  2. B.that there were few entrepreneurs
  3. C.the unavailability of infrastructural facilities
  4. D.that there were few developed markets.
Show the answer and explanation

Answer: C (the unavailability of infrastructural facilities)

Explanation

Without roads, power, ports and other infrastructure, trade and its aids could not grow, so commerce developed slowly.