Question

Nigeria has a low literacy rate and a high

unemployment rate. Where should the country invest its
money in order to improve its economy?
A. Capital Goods
B. Human capital
C. Oil industry

Answer 1

B, human capital.

My reasoning for this is that Nigeria should invest its money into an improved educational system in order to help reduce its current low literacy rate, by teaching more people proper methods of reading and writing. This should also help combat the high unemployment rate, as those who are properly educated should be able to find more jobs for themselves.