An important contribution of small-scale industries to the Nigerian economy is in the area of

Assessment: JAMB UTME - Economics - 2012 Subject: Economics

Question 1 Report

An important contribution of small-scale industries to the Nigerian economy is in the area of
Answer Details
Small-scale industries play a significant role in providing employment to the people in Nigeria. These industries create job opportunities for the locals and help in reducing the unemployment rate in the country. Additionally, small-scale industries also help in supporting the local economy by providing goods and services to the local market. This, in turn, boosts the economic growth of the country and contributes to the overall development of the nation.
Read lesson note on Industry And Industrialization (JAMB)
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