Waec Model Questions Vol1 2019 Commerce Question 1

Practice essay / theory question 1 from the 2019 Waec Model Questions Vol1 Commerce examination. This question covers Functions of commerce, Goods and services, Money and its functions .

Waec Model Questions Vol1 2019 Commerce Essay / Theory

Topics: Functions of commerce Goods and services Money and its functions

Question 1 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • essay

Consider the role of commerce in the modern Nigerian economy.

Question Parts

( a )

Explain three major functions of commerce and illustrate each with a relevant example from Nigeria.

( b )

Distinguish between goods and services, giving two examples of each that are significant in Nigeria's economy.

( c )

Discuss how money facilitates commercial transactions, highlighting at least two of its functions.

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About This Question

This is Waec Model Questions Vol1 2019 Commerce Question 1. It is one of the essay questions from the 2019 Waec Model Questions Vol1 Commerce examination.

The question covers Functions of commerce, Goods and services, Money and its functions .

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