Theory question 105
Nigeria: People and Economy(a) Outline five factors which determine what can be produced in Nigeria. (b) Idenfity five factors that hinder in Nigeria.
Show the model answer
Model answer
(a) Climate (rainfall, temperature); soil and relief; availability of natural resources and raw materials; capital; labour and skills; technology; market demand; power supply; transport; government policy; political stability.
(b) (trade) Poor transport and communication; inadequate capital and high interest rates; multiple taxes and tolls; insecurity; poor storage facilities; low purchasing power; inflation and fluctuating prices; smuggling; inconsistent government policy; poor quality and packaging of goods; competition from imported goods.
Explanation
Read (b) as factors that hinder trade.