JAMB Economics questions: Industry and industrialisation

15 questions with answers and explanations. Tap an option to check yourself.

1. Question 1· Industry and industrialisation· JAMB

   Export promotion strategy encourages

   • Aproduction of goods for foreign markets
   • Bonly imports
   • Cclosing factories
   • Dsubsistence farming

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   Explanation and discussion

2. Question 2· Industry and industrialisation· JAMB

   Industrial estates are set up mainly to

   • Ahouse farmers
   • Bprovide ready infrastructure for industries
   • Cstore crops
   • Dtrain civil servants

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   Explanation and discussion

3. Question 3· Industry and industrialisation· JAMB

   An advantage of the localisation of industry is

   • Athe development of a pool of skilled labour and ancillary services
   • Btraffic congestion
   • Cpollution
   • Dhigher land prices

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   Explanation and discussion

4. Question 4· Industry and industrialisation· JAMB

   The indigenisation policy of the 1970s in Nigeria aimed to

   • Aabolish taxes
   • Battract more foreign firms
   • Cclose all factories
   • Dincrease Nigerian ownership and control of businesses

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   Explanation and discussion

5. Question 5· Industry and industrialisation· JAMB

   An industrial estate is

   • Aan area set aside and serviced for factories
   • Ba farm
   • Ca market
   • Da residential area only

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   Explanation and discussion

6. Question 6· Industry and industrialisation· JAMB

   A problem facing Nigerian manufacturers is

   • Acheap credit
   • Btoo much electricity
   • Cepileptic power supply
   • Dexcess skilled labour

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   Explanation and discussion

7. Question 7· Industry and industrialisation· JAMB

   A 'footloose' industry is one that

   • Ais always near a port
   • Bhas no workers
   • Cis not tied to the location of raw materials or markets
   • Duses only local labour

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   Explanation and discussion

8. Question 8· Industry and industrialisation· JAMB

   Export Processing Zones are set up to

   • Aattract investment by offering incentives to export-oriented firms
   • Bstop exports
   • Ccollect import duty
   • Dbuild houses

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   Explanation and discussion

9. Question 9· Industry and industrialisation· JAMB

   A major problem facing small-scale industries in Nigeria is

   • Atoo many customers
   • Binadequate access to credit
   • Cexcess government support
   • Dlow cost of power

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   Explanation and discussion

10. Question 10· Industry and industrialisation· JAMB

    Import substitution industrialisation means

    • Aexporting raw materials
    • Bimporting more goods
    • Cproducing locally goods that were formerly imported
    • Dbanning all imports

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    Explanation and discussion

11. Question 11· Industry and industrialisation· JAMB

    Infant industries may be protected by tariffs so that they can

    • Aclose down
    • Bgrow until they can compete with foreign firms
    • Cexport immediately
    • Davoid paying wages

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    Explanation and discussion

12. Question 12· Industry and industrialisation· JAMB

    Cement factories in Nigeria are usually located near

    • Asources of limestone
    • Bthe seaports only
    • Cthe federal capital
    • Drivers only

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    Explanation and discussion

13. Question 13· Industry and industrialisation· JAMB

    The Nigerian Content Development policy in the oil sector aims to

    • Aincrease local participation and use of Nigerian goods and services
    • Bimport all equipment
    • Csell oil blocks to foreigners only
    • Dclose refineries

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    Explanation and discussion

14. Question 14· Industry and industrialisation· JAMB

    Industrialisation can reduce unemployment by

    • Areducing output
    • Bcreating jobs in factories and related services
    • Cincreasing imports
    • Dclosing farms

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    Explanation and discussion

15. Question 15· Industry and industrialisation· JAMB

    Small and medium enterprises are important because they

    • Aemploy no one
    • Bneed huge capital
    • Conly import goods
    • Dcreate jobs and use local resources

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    Explanation and discussion