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WAEC Economics 1996 Question 11

Question 11

Industrialisation

Localization of industries is

  1. A.the industrialization of a country
  2. B.the concentration of the firms of an industry in a particular area
  3. C.the location of a firm at a particular locality
  4. D.the economic development of a locality
  5. E.government intervention in the location of industries
Show the answer and explanation

Answer: B (the concentration of the firms of an industry in a particular area)

Explanation

Localization is when many firms of the same industry concentrate in one area.