Industry and Industrialization

Contents & notes: what this topic covers

Under Industry and Industrialization, the JAMB Economics syllabus expects you to study:

• 17. Industry and Industrialization a. Concepts and effects of location and localization of industry in Nigeria;
• b. Strategies and Industrialization in Nigeria;
• c. Industrialization and economic development in Nigeria;
• d. Funding and management of business organization;
• e. Factors determining the size of firms.

Study notes & guidance

Study Industry and Industrialization using a recommended Economics textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Economics, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.

Objectives — candidates should be able to

After studying Industry and Industrialization, you should be able to:

1. (i) differentiate between location and localization of industry; (ii) identify the factors influencing the location and localization of industry; (iii) examine the problems of industrialization; (iv) appraise some industrialization strategies; (v) examine the role of industry in economic development.

These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.

Source: official JAMB UTME Economics syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.