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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 36 :



Plywood industries are often located near the source of?

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


Question 37 :



One of the dangers of the localization of industries is?

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


Question 38 :



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 :



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 :



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






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