WAEC Commerce 1992 Question 1

Question 1

Occupation

The three main divisions of production are

  1. A.extraction, manufacturing and construction
  2. B.import, export and entrepot
  3. C.industry, commerce and direct service
  4. D.industry, trade and direct service
Show the answer and explanation

Answer: C (industry, commerce and direct service)

Explanation

Production is grouped into industry (extraction, manufacturing, construction), commerce (trade and aids to trade) and direct services.