Question

Q3.What are the various factors required for setting up an industry?

Answer 1

Answer:

the factors required to setting up an industry are ..

1. power.

2. capital.

3. availability of raw materials.

4. cheap and skilled labour.

5. transportation facility.

6. local market.

Explanation:

#Hope you have satisfied with this answer.

Answer 2

Answer:

The various powers needed for setting up an industry are as follows:

1. Power
2. Physical capital
3. Cheap & Skilled labour
4. Transport facilities
5. Raw materials availability, and
6. The local market