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Thursday, 09 April 2026
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Localization of industry is encouraged because of ________

Localization of industry is encouraged because of ________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Low interest charges on loans
  • B Improvements in infrastructure
  • C Low foreign exchange rate
  • D High standard of living
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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