A smaller industry that grows to cater for the need of the major industry is

Economics

JAMB 2015

A. subsidiary industry
B. constructive industry
C. manufacturing industry
D. infant industry

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Correct Answer: Option A

Explanation

A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company.

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A smaller industry that grows to cater for the need of the major industry is

Correct Answer: Option A

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