Post Utme Lasu 2024 Economics Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 12 POST_UTME_LASU • 2024 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by several factors, including lack of access to credit, inadequate infrastructure, and limited market access. Which of the following policies would most likely address these issues?

Answer Options

A. Providing subsidies to farmers to reduce the \cost of production
Correct Answer B. Establishing agricultural cooperatives to facilitate market access and credit access
C. Implementing price controls to stabilize prices and reduce market volatility
D. Investing in irrigation systems to increase crop yields
Correct Answer
B
Correct Option:
Establishing agricultural cooperatives to facilitate market access and credit access

About This Question

This is Post Utme Lasu 2024 Economics Question 12. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

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