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

Economics
JAMB 2015

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

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