Question Detail

GST 112 Study Session 11: Labour and Culture in The Pre-Colonial Period Objective Question
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Question

The pre-colonial Nigerian communal economic system fostered inclusive development because:
Options
A It encouraged individual accumulation of wealth for social status.
B The surplus income of the rich was usually expended in benevolence to the extended family.
Correct Answer
C It strictly regulated markets and financial institutions.
D People were motivated by remuneration for their labor.
Correct Answer

Option B is the correct answer.

Detailed Explanation

The text states: 'This communal system inevitably fostered inclusive development because very rarely did people accumulate wealth inordinately or try to raise their own standard of living at the expense of the larger community. This was perhaps because the surplus income or estate of the rich was usually expended in benevolence to his immediate and extended family members.'

Hint

Think about how wealth was managed and distributed within the communal framework.

Question Info

Course: GST 112
Topic: Study Session 11: Labour and Culture in The Pre-Colonial Period
Type: Objective
Difficulty: Not specified
Question 613 of 1270
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