Localization of industry is encouraged because ... - JAMB Economics 2017 Question
Localization of industry is encouraged because of ________
A
low interest charges on loans
B
improvements in infrastructure
C
low foreign exchange rate
D
high standard of living
correct option: d
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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