WAEC Commerce 1996 Question 19

Question 19

Production

Specialization is possible as a result of

  1. A.good roads
  2. B.education
  3. C.demand for goods
  4. D.growth in population
  5. E.exchange
Show the answer and explanation

Answer: E (exchange)

Explanation

People can specialise only if they can exchange their surplus for what others produce.