Commercial Activities in Nigeria - SS2 Geography Past Questions and Answers - page 1
What is trade?
The exchange of goods and services
The production of goods
The transportation of goods
The storage of goods
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Which Nigerian city is known for its bustling markets and a major economic hub?
Kano
Onitsha
Lagos
Abuja
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What does commercialization involve?
Producing goods
Buying and selling goods
Transportation of goods
Inventing new products
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Why are commercial activities important for economic growth?
They lead to job losses
They stimulate investments
They isolate a country from the global market
They increase poverty
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Which Nigerian city has a large market for various products and a focus on trade and commerce?
Kano
Lagos
Onitsha
Ibadan
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What is the primary purpose of trade?
To make businesses lose money
To exchange products and services for money
To store goods indefinitely
To limit access to goods and services
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Which economic activity connects Nigeria to the global market?
Agriculture
Tourism
International trade
Education
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How do commercial activities contribute to infrastructure development?
By causing economic stagnation
By decreasing wealth
By generating revenue for reinvestment
By increasing unemployment
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What is the primary focus of commercialization?
Inventing new products
Exchanging products for money
Producing goods for personal use
Reducing the availability of goods
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In simple terms, what is transportation?
The buying and selling of goods and services
The exchange of products and services
The process of moving people or goods from one place to another
The creation of new businesses
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