Trending Questions |
Economics Jamb Past QuestionsQuestions and Answers on Concepts and effects of location and localization of industry in NigeriaQuestion 26 :One of the dangers of the localization of industries is? A. Residual employment B. Mass unemployment C. Structural unemployment D. Cyclical unemployment Question 27 :A factor that influences the location of a firm near its market is the? A. Transportation of bulky raw materials B. External economies C. High cost of transporting finished goods D. Availability of skilled manpower Question 28 :Concentrating industries in one place is advantageous because there are gains in terms of? A. External economies B. Internal economies C. Economies of scale D. Cost economies Question 29 :A primary industry is concerned with? A. Extraction of resources in their raw states B. The operation of small scale enterprises C. The economic activities of primary producers D. Clearing and cultivation of land only Question 30 :A disadvantage of concentrating industries in an area is that it could? A. Lead to conclusion among the firms B. Result in evironmental pollution C. Bring about diseconomies of scale D. Increase the cost of production |
|
| ||||||
Disclaimer All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy |