Explain any three human factors for the localisation of an industry in a particular area
Answers
Answered by
75
Human Factors:
(i) Labour A large and cheap labour force is required for labour-intensive and manufacturing industries. High-tech industries have to be located where suitable skilled workers are available.
(ii) Capital This is the money that is invested to start a business. The amount of capital will determine the size and location of the factor.
(iii) Government Policies Industrial development is encouraged in some areas and restricted in others. Industries that are located in depressed areas may receive financial incentives and assistance from the government in the form of low rent and tax rates.
Answered by
3
here's the answer
Hope it will help uhh
Attachments:
Similar questions