state and explains briefly any two factor s affecting industrial growth
Answers
Answer:
Some of the important factors influencing industrial productivity are : (i) Technological Development (ii) Quality of Human Resources (iii) Availability of Finance (iv) Managerial Talent (v) Government Policy (vi) Natural Factors!
The factors affecting industrial productivity are inter-related and interdependent and it is a difficult task to evaluate the influence of each individual factor on the overall productivity of industrial units.
Answer:
1. The natural factors such as physical geographical and climatic exercise considerable impact on the industrial productivity the relative importance of these factor depends upon the nature of industrial goods and services produced and extent to which physical condition are controlled.
2. capital investment labour input financial investment and technology progress are all the factor affecting the industrial growth.
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