A major disadvantage of localization of industry is

Economics

JAMB 2014

A. the risk of structural unemployment
B. over-utilization of installed industrial capacity
C. the risk of seasonal unemployment
D. under-utilization of installed industrial capacity

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Correct Answer: Option D

Explanation

Localisation of industries in a particular locality creates many social problems such as congestion, emergence of slums, accidents, strikes etc. These adversely affect the efficiency of labour and the productive ability of the industry.

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A major disadvantage of localization of industry is

Correct Answer: Option D

Explanation

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