One major factor that determines the location of an industry is

Economics

JAMB 2014

A. tax exemption grant
B. its proximity to the market
C. the capital base
D. the social responsibility of the firm

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option B

Explanation

Factors responsible for location of Industries

Some of them are: raw material, land, water, labor, capital, power, transport, and market. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

to l learn from now? Answer this

1 Answers · Language · 16 hours ago
table of values for the WAEC physics practical 2mao? Answer this

1 Answers · 5 years ago
explain petty cash book for me? Answer this

1 Answers · Accounting · 1 day ago

One major factor that determines the location of an industry is

Correct Answer: Option B

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In