WAEC Economics 1996 Question 20

Question 20

Business Organisations

All the following are the economic reasons for establishing public enterprises except the provision of

  1. A.an avenue for expressing national prestige
  2. B.services at a cheaper cost
  3. C.socially necessary facilities
  4. D.services which are natural monopolies
  5. E.employment opportunities
Show the answer and explanation

Answer: A (an avenue for expressing national prestige)

Explanation

National prestige is a political reason, not an economic one.