Industry and Industrialization - Jamb Economics Past Questions and Answers

Question 36:

• JAMB 1997

Plywood industries are often located near the source of?

A. Finance
B. Labour
C. Power supply
D. Raw materials

Question 37:

• JAMB 1997

One of the dangers of the localization of industries is?

A. Residual employment
B. Mass unemployment
C. Structural unemployment
D. Cyclical unemployment

Question 38:

• JAMB 1998

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 39:

• JAMB 1999

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 40:

• JAMB 2000

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