Question

How does the market influence the location of industries?

Answer 1

Some of the major factors influencing location are discussed below:-

1. Availability of raw materials: In determining the location of an industry, nearness to sources of raw material is of vital importance. Nearness to the sources of raw materials would reduce the cost of production of the industry.

Answer 2

Explanation:

Markets provide places where the industries can sell their finished products so they want to located near the markets.