A smaller industry that grows to cater for the need of the major industry is...
ECONOMICS
JAMB 2002
A smaller industry that grows to cater for the need of the major industry is
- A. subsidiary industry
- B. constructive industry
- C. manufacturing industry
- D. infant industry
Correct Answer: A. subsidiary industry
Explanation
A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company.
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