WAEC - Economics (2014 - No. 44)
The concentration of many firms of a particular industry in a particular area is known as
loccation of industry
amalgamation of industries
localization of industries
nationalization of industry
Explanation
Localisation means the concentration of a certain industry in a particular area, locality or region. Localisation is related to the territorial division of labour, that is, specialisation by areas or regions.
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