Waec 2022 Economics Question 22

Practice objective / multiple choice question 22 from the 2022 Waec Economics examination. This question covers Economics .

Waec 2022 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 22 WAEC • 2022 • ECONOMICS • objective

Cooperative societies are formed mainly to A. assist producers to maximize their profits; B. encourage thrift and credit among members; C. promote and maintain the welfare of members; D. break the monopolies of private companies.

Answer Options

A. assist producers to maximize their profits
Correct Answer B. encourage thrift and credit among members
C. promote and maintain the welfare of members
D. break the monopolies of private companies
Correct Answer
B
Correct Option:
encourage thrift and credit among members

About This Question

This is Waec 2022 Economics Question 22. It is one of the objective questions from the 2022 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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