JAMB Economics 1998 Question 3

Question 3

Economic Growth and Development

One of the economic problems of Nigeria today arises from

  1. A.the overutilization of human and natural resources
  2. B.unavailability of mineral resources
  3. C.inadequate manpower resources
  4. D.the under-utilization of human and natural resources.
Show the answer and explanation

Answer: D (the under-utilization of human and natural resources.)

Explanation

Nigeria has plenty of people and natural resources, but many workers are unemployed and many resources lie idle, so they are under-utilized.