Jamb Economics Past Questions For Year 1993

Question 31

Since the mid-1980s, the most disturbing development in the industrial sector in Nigeria is?

jamb 1993

  • A. labour intensity
  • B. capital intensity
  • C. poor technology
  • D. capacity under-utilization
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Question 32

One of the most important factors that should be considered in the location of an industry is?

jamb 1993

  • A. nearness to the financial centre
  • B. assured patronage by government functionaries
  • C. availabilities of inputs and market
  • D. availabilities of adequate security
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Question 33

The most popularly adopted industrialization strategy in West Africa is?

jamb 1993

  • A. import substitution
  • B. export promotion
  • C. ports development
  • D. infant industries protection
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Question 34

On the basis of the contribution to employment, the most important economic sector in West African is?

jamb 1993

  • A. industry
  • B. agriculture
  • C. construction
  • D. commerce
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Question 35

The joint ventures operating in the Nigerian oil industry are between?

jamb 1993

  • A. the NNPC and independent marketers
  • B. the NNPC and multinational marketers
  • C. the NNPC and producer marketers
  • D. multinational corperations and independent marketers
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