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

Question 1 :

• JAMB 2019

Which of the following is an advantage of localization of industry?

A. Development of subsidiary firms
B. Creation of parallel market
C. Development of slums
D. Attraction of foreign capital

Question 2 :

• JAMB 2019

The establishment of industries in rural areas will help to reduce____________-

A. Urban-Rural migration
B. Rural-Urban migration
C. Rural-Rural migration
D. Urban-Urban migration

Question 3 :

• JAMB 2019

Concentrating industries in one place is advantageous because there are gains in terms of_____________

A. Cost economies
B. Economies of scale
C. Internal economies
D. External economies

Question 4 :

• JAMB 2017

Localization of industry is encouraged because of ________

A. Low interest charges on loans
B. Improvements in infrastructure
C. Low foreign exchange rate
D. High standard of living

Question 5 :

• JAMB 2017

Petro-chemical industries are located in the Rivers State of Nigeria because of ________?

A. Favourable soil
B. Coal deposit
C. Crude oil deposit
D. Favourable climate