Post Utme Oau 2021 Economics Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Oau Economics examination.

Post Utme Oau 2021 Economics Objective / Multiple Choice
Question 7 POST_UTME_OAU • 2021 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by the lack of access to credit by small-scale farmers. What is the likely impact of this on the agricultural sector?

Answer Options

A. Increased production and productivity.
Correct Answer B. Decreased production and productivity.
C. No impact on production and productivity.
D. Increased inequality among farmers.
Correct Answer
B
Correct Option:
Decreased production and productivity.

About This Question

This is Post Utme Oau 2021 Economics Question 7. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.

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