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The scope of economic activities can be enlarged by

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Commerce JAMB 2007

The scope of economic activities can be enlarged by

  • transportation and trading
  • business and its promotion
  • trading and aids to trade checkmark
  • insurance and banking

The correct answer is: C

Explanation

Trade and aids to trade boost economic activities in an economy, in a way that when people are involved in productive ventures, it leads to the viability of the economy.

Trade involves the buying and selling of goods and services, for a compensation called price while aids to trade are the activities which are necessary for smooth flow of goods from producers to consumers.

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