Question on: JAMB Economics - 1995
The demand made on each other by the agriculture and industrial sector as the economy grows are reflected in?
A
backward and forward linkages
B
horizontal and vertical linkages
C
vertical linkages
D
functional linkages
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Correct Option: A
The demand made on each other by the agriculture and industrial sector as the economy grows are reflected in backward and forward linkages.
- Backward linkages: These refer to the demand from an industry for the output of another industry. For instance, the industrial sector demands raw materials like cotton from the agricultural sector.
- Forward linkages: These represent the demand from one industry for the output of another. For example, agricultural products are processed by the industrial sector.
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