Explain the factors affecting industrial development?
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climate
raw material
temperature
suitable transport
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FACTORS AFFECTING INDUSTRIAL DEVELOPMENT
>Raw materials
>capital
>labour
>climate
>government policy
>energy
>location
Industries require certain conditions and factors for it to grow and develope
These conditions include
Raw materials; availability of raw materials affects the operations Of industries. If raw materials are abundant then the industry will develope but insufficient raw materials means collapse of the industry
Capital is required for the establishment of industries, capital can be the initial amount of money needed to run the business or it can be needed to expand the operations of the business
Energy is required to run ingines in industries
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