Strategies And Industrialization In Nigeria Jamb Economics Past Questions
Question 1
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 2
The import-substitution strategy of industrialization is to encourage
- A. domestic production
- B. large-scale production
- C. importation
- D. exportation
Question 3
What is the term used to describe a policy aimed at promoting the local production of goods which are usually imported?
- A. Deregulation
- B. import substitution
- C. Tariff reduction
- D. Backward integration
Question 4
Which of the following will be the effect of allowing only economic factors to dedicate the location of industries in Nigeria?
- A. A more even development of the different parts of the country will be assured
- B. There will be an unbalanced spread in the distribution of industries
- C. The less developed parts of the country will be able to attract more industries
- D. Only the government will be able to finance the establishment of industries
