JAMB Economics 1986 Question 29

Question 29

Industrialisation

Which of the following advantages of localization of industries may also be a disadvantage?

  1. A.External economies
  2. B.Concentration of industries and of people
  3. C.Development of organized markets
  4. D.Reduced costs of research.
Show the answer and explanation

Answer: B (Concentration of industries and of people)

Explanation

Bringing firms and people together helps production, but it also causes congestion, pollution, housing problems and heavy dependence on one industry.