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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

Selitys

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.

 

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