Question

Explain any 5 factors responsible for the location of industries

Answer 1

FACTORS THAT RESPONSIBLE FOR LOCATION OF INDUSTRIES

1. Raw material: Availability of raw material is very important for the location as it is one of the basic inputs required.  

2. Labour: Industries depend a lot on cheap labour so it prefers a location which is highly populated.  

3. Capital: Cost and quality of the capital are essential as it is one of the biggest investments of an industry.  

4. Power: The equipments and machinery depend completely on a constant supply of power.  

5. Market: A nearby market place makes it much easier to sell goods produced and reduces transportation cost.

Answer 2

hey ...

These are the reasons for selecting a location for industries :-

1. Availability of natural resources
2. Cheap labour
3. High demand for good produced
4. Low tax
5. Employees at reasonable salaries