Industry and Industrialization - Jamb Economics Past Questions and Answers

Question 31:

• JAMB 1991

Industries tend to be located closer to market centers than to the sources of major raw materials if the?

A. Products are relatively cheap to transport to market centers
B. Products are relatively more expensive to transport than the major raw materials
C. Raw marterials are bulky
D. Raw marterials can also be imported

Question 32:

• JAMB 1993

The most popularly adopted industrialization strategy in West Africa is?

A. Import substitution
B. Export promotion
C. Ports development
D. Infant industries protection

Question 33:

• JAMB 1993

One of the most important factors that should be considered in the location of an industry is?

A. Nearness to the financial centre
B. Assured patronage by government functionaries
C. Availabilities of inputs and market
D. Availabilities of adequate security

Question 34:

• JAMB 1995

The crucial factors which determine the location of petroleum refineries in Nigeria are availability of raw materials and?

A. Capital
B. Political consideration
C. Nearness to source of power
D. Labour

Question 35:

• JAMB 1995

Infant industries denote industries which?

A. Are introducing new products
B. Are too young to compete in the world market
C. Produce baby food and mother care products
D. Are allowed time enough to mature for recognition