JAMB Economics 2000 Question 31

Question 31

Natural Resources and Petroleum

The Nigerian economy is monocultural because government revenue is derived mainly from

  1. A.agriculture
  2. B.manufacturing
  3. C.coal
  4. D.crude oil.
Show the answer and explanation

Answer: D (crude oil.)

Explanation

A monocultural economy depends on one product; Nigeria earns most of its revenue from crude oil.