Define the factors to develop industries
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The natural factors such as physical,geographical and climatic exercise considerable impact on the industrial productivity. The relative importance of thesefactors depends upon the nature of the industry, goods and services produced and the extent to which physical conditions are controlled.
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Factors Influencing Industrial Productivity (Six Factors)
(i) Technological Development:
(ii) Quality of Human Resources:
(iii) Availability of Finance:
(iv) Managerial Talent:
(v) Government Policy:
(vi) Natural Factors:
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this are things that help in the production of the industry
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