Industry and Industrialization - Jamb Economics Past Questions and Answers

Question 6:

• JAMB 2019

The establishment of industries in rural areas will help to reduce____________-

A. Urban-Rural migration
B. Rural-Urban migration
C. Rural-Rural migration
D. Urban-Urban migration

Question 7:

• JAMB 2019

Concentrating industries in one place is advantageous because there are gains in terms of_____________

A. Cost economies
B. Economies of scale
C. Internal economies
D. External economies

Question 8:

• JAMB 2017

Localization of industry is encouraged because of ________

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

Question 9:

• JAMB 2017

Petro-chemical industries are located in the Rivers State of Nigeria because of ________?

A. Favourable soil
B. Coal deposit
C. Crude oil deposit
D. Favourable climate

Question 10:

• 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