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Which Of The Following Is A Disadvantage Of Localization Of Industries? - Erudites Academy
Categories: Economics NECO

Which of the following is a disadvantage of localization of industries?
Which of the following is a disadvantage of localization of industries?Which of the following is a disadvantage of localization of industries?

A. Aiding cooperation among firms
B. Creating structural unemployment
C. Encouraging subsidiary industries
D. Encouraging the growth of skilled labour
E. Reducing cost of production

Correct Answer:

Option B – Creating structural unemployment

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