JAMB 2022 Economics · Question 20
Which of the following factors is not a reason for farmers' unstable incomes?
Options
- A.dependence on too many crops
- B.poor storage facilities
- C.adverse weather conditions
- D.recession in the world economy
Answer: A. dependence on too many crops
Explanation written with AI and checked against the answer key
Analyze the question: We need the option that is NOT a cause of unstable farmers' incomes. Three of the options should be real causes of income instability, and one should not.
Concept: Farmers' incomes fluctuate mainly because of:
- Weather and natural factors: Agriculture depends on rainfall, sunshine, pests and disease. Output swings from year to year, and so does income.
- Inelastic demand and price swings: Agricultural products have price-inelastic demand, so a change in supply causes a large change in price.
- Perishability and poor storage: Without good storage, produce rots or must be sold cheaply at harvest, when prices are low.
- World market conditions: For export crops such as cocoa, a recession abroad reduces demand and prices, which lowers income.
Evaluate each option:
- A. Dependence on too many crops: Growing many crops is diversification. It spreads risk, because if one crop fails or its price drops, the others cushion the loss. This stabilizes income, so it is not a cause of instability. (The real cause of instability would be dependence on one or too few crops, i.e. monoculture.)
- B. Poor storage facilities: Produce spoils and farmers are forced to sell at harvest-time low prices, so income becomes unstable. This is a cause.
- C. Adverse weather conditions: Droughts and floods cause output to vary, so this is a cause.
- D. Recession in the world economy: Demand for export crops falls and prices drop, so this is a cause.
Answer: The factor that is not a reason for unstable incomes is A, dependence on too many crops.
Exam tip: Watch the wording in "not/except" questions. "Too many crops" means diversification, which reduces risk. The risky one is "too few crops" or "one crop". Swapping that single word is a common JAMB trap.
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