Question

Explain the factors affecting industrial development.

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Answer 1

Answer:

The natural factors such as physical, geographical and climatic exercise considerable impact on the industrial productivity. The relative importance of these factors depends upon the nature of the industry, goods and services produced and the extent to which physical conditions are controlled

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Answer 2

Answer:

The natural factors such as physical, geographical and climatic exercise considerable impact on the industrial productivity. The relative importance of these factors depends upon the nature of the industry, goods and services produced and the extent to which physical conditions are controlled.

Capital investment, labor input, financial investment and technological progress are factors that affecting the growth of industrial economy.

Natural resources. Become goods, Raw materials.

Capital. needed to pay for the production of goods, Stable currency.

Labor supply. Used to make goods, High birth rate.

Technology. Better ways to make more and better goods, Electricity = more production power.

Consumers. ...

Transportation. ...

Government support.

What are the factors affecting industrial development in Nigeria?

This hinders potential industrialists from venturing into production. Other hindrances include inadequate raw materials, production of sub-standard goods, illiteracy/inadequate skilled manpower, poor infrastructure, insecurity, among others.

Five main factors identified in contributing to growth and developments at early childhood are nutrition, parent's behaviours, parenting, social and cultural practices, and environment.

Explanation:

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