israeladeyeye26
israeladeyeye26 israeladeyeye26
  • 23-02-2021
  • Business
contestada

Discuss any four ways in which Specialization has
improved the economic development of Nigeria
​

Respuesta :

sebastiansierraocm
sebastiansierraocm sebastiansierraocm
  • 28-02-2021

Answer:

Specialization has helped in these four ways:

1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.

2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.

3. Has helped bring the electrification of the country.

4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.

Answer Link

Otras preguntas

Which three states capital of the north central region are named for president of united states?
express 0.7723 as a fraction
How much oxygen does a plant give off?
How did Renaissance ideas influence northern and Southern European art differently?
Which statement is true about exercise and health? select one of the options below as your answer: a. as long as you eat right and exercise, you will not devel
What incident serves to initiate the falling action in Hamlet?
Until the Punic Wars, how did the Romans treat conquered people? A) They were treated well and some were allowed to become Roman citizens. B) They we
DTP is used by _____. administrative assistants graphic designers small-business owners all of the above none of the above
Please help me,Thanks
Which letter is correct please don't answer if don't know answer this is important