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Industry And Industrialization - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Industry And Industrialization
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Economics Jamb Past Questions


Questions and Answers on Industry and Industrialization

Question 6 :



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 :



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 :



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 :



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 :



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






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