Localization of industry is encouraged because of ________

Economics

JAMB 2017

A. low interest charges on loans
B. improvements in infrastructure
C. low foreign exchange rate
D. high standard of living

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Correct Answer: Option D

Explanation

This is one of the reasons government participates in the location of industries. When such industries are located, goods are made available and the people get employment and earn income hence, their standard of living will be improved

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Localization of industry is encouraged because of ________

Correct Answer: Option D

Explanation

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