Economy, asked by Iris9427, 1 year ago

Discuss any 4 ways in which specialization has improved the economic development of nigeria

Answers

Answered by nidaeamann
26

Explanation:

Specialization can lead to economies of scale because it allows for increased output and better efficiencies.

Specialization has also brought drastic improvements in Nigeria.

Major impact can be seen in agriculture. Agriculture contributes 40% of the Gross Domestic Product (GDP) and employs about 70% of the working population in Nigeria

Another specialization was done in terms to reduce imports and use local products to make Nigerian economy more sustainable

Other than this specialization has helped in improving the law and order situation in Nigeria and has fixed several electricity issues in the country

Answered by louiseigbine
13

Answer

people who specialize in a field develop new techniques that lead to a huge increase in productivity

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