Concepts And Effects Of Location And Localization Of Industry In Nigeria Jamb Economics Past Questions
Question 1
Firms are often set up close to each other in order to take advantage of?
- A. supply of skilled labour
- B. agglomeration economies
- C. internal economies of scale
- D. external economies of scale
Question 2
Plywood industries are often located near the source of?
- A. finance
- B. labour
- C. power supply
- D. raw materials
Question 3
The petro-chemical industries are located in Rivers State of Nigeria due to ________
- A. Coal deposit
- B. Palm oil products
- C. Favourable soil
- D. Oil deposits
Question 4
What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?
- A. Availability of labour in the area
- B. Availability of power
- C. Nearness of raw material
- D. Access to transport facilities
Question 5
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
