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WAEC Commerce 2004 Question 41

Question 41

Government and Business

Which of the following is an objective of indigenization policy? To

  1. A.prevent all foreign interference in business
  2. B.encourage local participation in business
  3. C.prevent smuggling
  4. D.encourage more production.
Show the answer and explanation

Answer: B (encourage local participation in business)

Explanation

Indigenisation aims to increase citizens' participation in business.