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Jamb Economics Past QuestionsJamb Past Questions and Answers on Industry and IndustrializationQuestion 41:The slow pace of industrial growth in Nigeria can be attributed to? A. Overdependence on the oil sector B. Inadequate number of unskilled labour C. Lack of raw materials D. Inadequate infrastructural facilities Question 42:Industries contribute to national economic development because they? A. Utilize local raw materials B. Employ an increase number of labour C. Provide recreational facilities D. Use modern machines which replace human labour Question 43: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 Question 44: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 45:One of the major factors militating against industrialization in Nigeria is the? A. Inadequacy of infrastructural facilities B. Absence of government participation C. Frequent breakdown of equipment D. Failure to get foreign partners and supporters |
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