Industries are sometimes located in areas which are not profitable so as to
ECONOMICS
WAEC 2023
Industries are sometimes located in areas which are not profitable so as to
- A. encourage rural-urban migration
- B. be able to even-out development
- C. bring about external economies of scale
- D. be able to reap internal economies of scale
Correct Answer: B. be able to even-out development
Explanation
Industries are sometimes located in areas which are not profitable so as to even-out development. This is a government policy that aims to reduce regional disparities in economic development. By locating industries in less developed areas, the government hopes to create jobs and boost economic growth in these areas. This can help to reduce poverty and improve the standard of living in these areas.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *