JAMB and WAEC Economics questions: Industry and industrialisation

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

1. Question 21· Industry and industrialisation· WAEC

   Industrialisation means

   • Athe growth of manufacturing industries in an economy
   • Bthe growth of farming
   • Cthe export of raw materials
   • Dthe closure of factories

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   Explanation and discussion

2. Question 22· Industry and industrialisation· WAEC

   One benefit of industrialisation to Nigeria is

   • Alower output
   • Bmore importation
   • Cless use of local raw materials
   • Dcreation of employment

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   Explanation and discussion

3. Question 23· 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

4. Question 24· 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

5. Question 25· Industry and industrialisation· WAEC

   A problem facing industries in Nigeria is

   • Avery cheap credit
   • Btoo much electricity
   • Cexcess skilled labour
   • Dinadequate power supply

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   Explanation and discussion

6. Question 26· Industry and industrialisation· WAEC

   A cement factory is sited near limestone deposits mainly because of

   • Athe trade unions
   • Bnearness to the sea
   • Cthe climate
   • Dnearness to raw materials

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   Explanation and discussion

7. Question 27· 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

8. Question 28· Industry and industrialisation· WAEC

   A country starts making cars locally instead of buying them abroad. This policy is

   • Adevaluation
   • Bexport promotion only
   • Cdumping
   • Dimport substitution

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   Explanation and discussion

9. Question 29· Industry and industrialisation· WAEC

   Localisation of industry means

   • Aspreading firms across the country
   • Bthe concentration of firms in a particular area
   • Cnationalisation of firms
   • Dsmall-scale production

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10. Question 30· 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