JAMB Economics 2007 Question 45

Question 45

Industrialisation

Industrialization is a prerequisite for balanced economic growth because it

  1. A.encourages trade liberalization
  2. B.stimulates the development of all sectors
  3. C.enhances productivity in the manufacturing sector
  4. D.expands employment opportunities in urban areas
Show the answer and explanation

Answer: B (stimulates the development of all sectors)

Explanation

Industries buy from agriculture, mining and services and supply them in turn, so industrial growth stimulates every sector.