Post Utme Joseph Ayo Babalola University 2020 Economics Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice
Question 11 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to encourage the growth of the agricultural sector. The policy includes providing subsidies to farmers, investing in irrigation systems, and establishing agricultural extension services. However, the policy also includes a provision that allows the government to acquire land from farmers for the purpose of establishing large-scale agricultural projects. Which of the following is a potential consequence of this provision?

Answer Options

A. Increased food production and reduced food prices
Correct Answer B. Displacement of small-scale farmers and loss of livelihoods
C. Improved access to credit and markets for farmers
D. Increased investment in agricultural research and development
Correct Answer
B
Correct Option:
Displacement of small-scale farmers and loss of livelihoods

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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