Question

Explain any five factors for localization of an industry in a particular

area. don't copy answer fast .........​

Answer 1

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 .

Hope this answer helps you ^_^ !