Development Economics and Entrepreneurship Education Oct-Nov 2014 Past Paper

Development Economics and Entrepreneurship Education Past Examination Question Paper – Oct/Nov 2014

This Past Paper examination was examined by the Kenya National Examination Council (KNEC) and it applies to the following courses:

  • Diploma in Social Work and Community Development – Module I

Note: To easily navigate through the KNEC Past Examination Paper Pdf below, Mobile phone users are advised to use Mozilla or Chrome browsers








DIPLOMA IN SOCIAL WORK AND COMMUNITY DEVELOPMENT
MODULE 1(KNEC)
Development economics and entrepreneurship education
(OCT/NOV 2014)

SECTION A: DEVELOPMENT ECONOMICS

1. a) Explain five factors that influence a country to adopt a protectionist policy in international trade       (10 marks)
b) Describe five principles a government must take into consideration when arranging for its expenditure.      (10 marks)

2. a) Explain six factors that influence taxable capacity of a country (12 marks)
b) Highlight four types of inflation tendencies that may affect the economy of a country (8 marks)

3. a) Describe five causes of an increase in public debt of a country (10 marks)
b) Explain five benefits that accrue to a country that adopts equitable distribution of national income         (10 marks)

4. a) One of the main functions of central bank is to act as the ‘commercial bank’s bank’. Explain five main functions it performs in such a move. (10 marks)
b) In recent past, Kenya has been embracing the policy of rural industrialization. Highlight five advantages of such a move. (10 marks)

SECTION B: ENTREPRENEURSHIP EDUCATION

5. a) Highlight five benefits that accrue to an entrepreneur that computerizes business records (10 marks)
b) Outline five ways of managing factors that inhibit the development of entrepreneurial culture (10 marks)

6. a) Mr. Asisi who operates his business in the highland has been approached by other entrepreneurs to join a co-operative society. Describe five benefits he would derive from such a move (10 marks)
b) Highlight five sources of raising short-term finances for an entrepreneur (10 marks)

7. a) Explain six challenges faced by modern entrepreneurs in the 21st century which were not as challenging in 20st century (12 marks)
b) Explain four business services available through the internet for an entrepreneur (8 marks)

8. a) Highlight five ethical business practices an entrepreneur should take into consideration. (10 marks)
b) Explain five ways an entrepreneur may use to analyze competition (10 marks)

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