JAMB - Economics (2016 - No. 35)
In Nigeria, unemployment can be minimized through______?
Diversification of the economy
Strict immigration law
Paying unemployment benefits
Restrictive fiscal policy
Forklaring
Economic diversification is the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets. Traditionally, it has been applied as a strategy to encourage positive economicgrowth and development.