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

Question 31 :

• JAMB 2001

An industry is?

A. Company producing unrelated commodities
B. Group of firms producing related commodities
C. Group of firms producing distinct commodities
D. Firms producing differentiated commodities

Question 32 :

• JAMB 2002

One of the problems arising from the localization of industries is?

A. High prices of output
B. The exportation of output
C. The scarcity of foreign exchange
D. Structural unemployment

Question 33 :

• JAMB 2003

Two basic features common to an industry are

A. Production processes and source of capital
B. Source of capital and labour supply
C. Similarity of products and source of raw materials
D. Similarity of products and production processes

Question 34 :

• JAMB 2005

Localization of industries in Nigeria is mainly influenced by

A. Market size
B. Population groupings
C. Raw materials
D. External economies

Question 35 :

• JAMB 2007

Environmental degradation is more associated with

A. Localization of industries
B. Location of industries
C. Decreased urbanization
D. Urban-rural migration