Industrialization and economic development in Nigeria - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2:

• JAMB 2019

Industrialization is the process of___________

A. Concentrating a firm in a place
B. Transforming as economy based on extractive to manufacturing
C. Transferring a government industry to individual
D. Transforming finished goods into semi-finished goods

Question 3:

• JAMB 2019

One of these is not a way by which government encourage industrialization?

A. Protection of Infant industries
B. Establishment of Nigeria Enterprises Promotion Decree
C. Low Productivity and inefficiency
D. Establishment of higher institutions

Question 4:

• JAMB 2018

The basic principle underlying location of industry is the tendency for production of a commodity to be located on the basis of______

A. Division of labour
B. Employment trends
C. Relative costs and benefits
D. Immobility of skilled labour

Question 5:

• JAMB 2019

When a union is composed of workers with the same skill , it is called____________

A. An industrial union
B. A workers union
C. A craft union
D. A technical union