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JAMB Economics 1992 Question 30

Question 30

Industrialisation

The consumer-goods industry is predominant in the industrial sector of the Nigerian economy because of the

  1. A.availability of market and most of the raw materials required
  2. B.availability of the necessary machinery required
  3. C.experience of Nigerian producers
  4. D.relatively lower cost of production of such goods
Show the answer and explanation

Answer: A (availability of market and most of the raw materials required)

Explanation

There is a large home market for consumer goods and many of their raw materials are found locally, so such industries are easy to start.