Factors That Challenge the Further Consolidation of Democracy in Nigeria

question 52

Multiple Choice

Factors that challenge the further consolidation of democracy in Nigeria include all of the following EXCEPT

• A) expressions by the military's senior officers that the military has a role to play in the country's politics.
• B) the growing use of extra-systemic measures, including violence, by the political elite to advance their interests.
• C) the presence of minor parties with only narrow ethnic constituencies.
• D) militias expressing ethno-nationalist demands.
• E) the absorption and cooptation of opposition forces by the PDP.

Recognize the benefits of specialization and division of labor in enhancing productivity and economic efficiency.

Comprehend the economic functions of profits and losses in signaling resource reallocation.

Grasp the significance of property rights in facilitating economic transactions and encouraging innovation.

Understand the concept of laissez-faire and its implications for government intervention in the economy.

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Definitions:

Unsystematic Risk

The danger linked to a particular business or sector, which can be lessened by spreading investments across different areas.

Well-Diversified Portfolio

A collection of investments across various asset classes and industries intended to reduce risk through the principle of diversification.

Historical Relationship

A reference to the way entities or variables have interacted or correlated with one another in the past.

Beta

A measure of a stock's volatility in relation to the overall market, indicating its riskiness.