Explanation

(a) Net migration is the difference between the number of immigrants and emigrants in a particular country.

(b)(i) The rural areas are deprived of youthful labour force.

(ii) Neglect of agriculture and traditional crafts in the rural areas.

(iii) Congestion/overpopulation in the urban centres.

(iv) Increase in crime rate / vices in urban areas due to the emergence of slums.

(v) Pressure on social amenities in urban centres.

(vi) Increase in government expenditure in urban areas.

(vii) Availability of a pool of unskilled labour in the urban areas, leading to unemployment.

(viii) Uneven development will result since efforts of government will be concentrated in the urban area

(c)(i) Government can adopt measures to encourage rural industrialization e.g. granting tax rebates and holidays to rural industries.

(ii) Government should provide social amenities in rural areas such as roads, good drinking water, electricity etc.

(iii) Granting of special incentives to encourage increased agricultural production in rural areas.

(iv) Establishment of educational institutions in the rural areas with incentives such as scholarship schemes.

(v) Establishment of financial institutions in the rural areas to enhance financial transactions.

(vi) Entrepreneurial training to equip the youth with skills to enable them set up their own businesses.

(vii) Guaranteed minimum prices for agricultural produce.

(viii) Provision of easy credit at reduced interest rates by the government, as start-up capital for entrepreneurs.

(a) Net migration is the difference between the number of immigrants and emigrants in a particular country.

(b)(i) The rural areas are deprived of youthful labour force.

(ii) Neglect of agriculture and traditional crafts in the rural areas.

(iii) Congestion/overpopulation in the urban centres.

(iv) Increase in crime rate / vices in urban areas due to the emergence of slums.

(v) Pressure on social amenities in urban centres.

(vi) Increase in government expenditure in urban areas.

(vii) Availability of a pool of unskilled labour in the urban areas, leading to unemployment.

(viii) Uneven development will result since efforts of government will be concentrated in the urban area

(c)(i) Government can adopt measures to encourage rural industrialization e.g. granting tax rebates and holidays to rural industries.

(ii) Government should provide social amenities in rural areas such as r

Correct Answer: A. few sellers

Explanation

Oligopoly is a state of limited competition, in which a market is shared by a small number of producers or sellers. One of the major features of oligopoly is Few sellers. In an oligopoly setting, there are just few sellers who control all or most of the sales in the industry. The barrier to entry by new comers is very high.

Correct Answer: D. per capita income

Explanation

Per capita income is a measure of the amount of income earned per person in a nation or geographical region. It is used to measure the national income of a country. The national income is then used to ascertain the standard of living. The higher the per capital income, the higher the standard of living and development of a region.

Correct Answer: B. encourage efficiency in the performance of such enterprises

Correct Answer: C. mobile

Correct Answer: B. stagflation

Correct Answer: B. granting subsidies

Explanation

Subsidies, on the other hand, refer to direct contributions, tax breaks and other special assistance that governments provide businesses to offset operating costs over a lengthy time period. By granting subsidies, industrial development is attainable.

Correct Answer: C. $12.50

Correct Answer: C. price index

Correct Answer: B. adequate transportation system