Answer the following questions,
(1) What is meant by the term 'industry'?
(it) Which are the main factors which influence the location of an
industry?
why?
(iv) Why cotton textile industry rapidly expanded in Mumbai?
(u) What are the similarities between information technology industry
Bangalore and California?
Indrefers to an economic activity that is concerned with produ
Answers
Answer:
1. An industry is a group of manufacturers or businesses that produce a particular kind of goods or services.
2. Factors that influence where an industry locates include: power supply. communications - including transport, telecommunications. labour supply - including workers with the right skills. access to market - where the goods are sold. grants and financial incentives - usually from governments. raw materials.
3. Cotton textile industry expanded rapidly in Mumbai because of the presence of favourable conditions such as warm and moist climate, a port situated nearby to import machinery, availability of raw material and skilled labour. ... The iron and steel industry is referred to as the backbone of modern industry.
4. The similarities which exist in between Banglore and California regarding information technology industry are as such: (a) Mild climate of both the cities is one similarity. (b) Availability of skilled labour. (c) Best means of transport available. (d)Presence of educatiion/ I.T industry in the region
Explanation:
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