Question

Important of commercial Geography for industrialist

Answer 1

Answer:

Commercial geography is also important for industrialist. With the help of this an industrialist can hire cheap labour, raw material for his industry. He is also in search of new markets for his products. Therefore, with the study of commercial geography he can be in position to do these things easily.

Answer 2

• The study of economic and commercial geography is also useful for entrepreneurs.
• It can help industrialists learn about industrial processes and raw materials.
• Therefore, entrepreneurs can easily invest capital after studying the economic and commercial geography.
• The main purpose of trade geography is to study the production, use and trade of different regions.
• This study is useful for economic development.
• Industrial geography has traditionally been defined as the study of the space, location, and geographic movement of industries.
• This is a section of economic geography that deals with the spatial localisation of production activities.
• The geographical characteristics of a country determine its need for industrialization, and the less land, the less agricultural opportunities it has.
• This geographical fact also determines the speed of development.
• Less land means the need for faster industrialization.

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