Concepts And Effects Of Location And Localization Of Industry In Nigeria - Economics Jamb Past Questions and Answers

Question 6 :

• JAMB 2016

Localization of industry is encouraged because of

A. Low interest charges on loans
B. High standard of living
C. Low foreign exchange rate
D. Improvements in infrastructure

Question 7 :

• JAMB 2015

The concentration of industries in a particular geographical area is

A. Localization of industries
B. Roles of industrialization
C. Location of industry
D. Strategies of industrialization

Question 8 :

• JAMB 2014

A major disadvantage of localization of industry is

A. The risk of structural unemployment
B. Over-utilization of installed industrial capacity
C. The risk of seasonal unemployment
D. Under-utilization of installed industrial capacity

Question 9 :

• JAMB 2014

One major factor that determines the location of an industry is

A. Tax exemption grant
B. Its proximity to the market
C. The capital base
D. The social responsibility of the firm

Question 10 :

• JAMB 1982

What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?

A. Availability of labour in the area
B. Acces to transport facilities
C. Nearness of raw materials
D. Availability of power
E. Nearness of Technical and Engineering School