Free account: track your progress — Sign up free

NECO Economics 2023 Objective — Question 30

Question 30 of 50 from the National Examinations Council (NECO) Economics 2023 Objective paper, with the correct answer and a full explanation.

Advertisement

Industries are sometimes located in areas which are not profitable so as to A. encourage rural-urban migration B. enjoy internal economies of scale C. reap internal economies of scale D. bring about even development

  • A. encourage rural-urban migration
  • B. enjoy internal economies of scale
  • C. reap internal economies of scale
  • D. bring about even developmentCorrect

Explanation

Industries are sometimes deliberately sited in less profitable areas to promote even (balanced) development across regions of a country.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.