History, asked by shivanipanwar185, 3 months ago

explain any five factor effecting location of a industry​

Answers

Answered by Anonymous
5

Answer:

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Explanation:

Five factors that affect the location of an industry:

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.

Answered by bilasvakharia
1

Answer:

RAW MATERIAL

LABOUR

CAPITAL

MARKET

INVESTMENT.

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