State any three non-geographical factors that affect the location of industry.
Answers
Answer:
capital
it is very important to an industry as without investment of money industries cannot be set up
it can be private or public source
Government policy
Governments can greatly influence the location of industry, by giving tax incentives, cheap rent and other benefits to companies
Government policy also lead to the closure of many of the heavy industries
Labour Supply
skilled and specialised labour should be available at cheap cost
Markets
Access to markets is vital
it should be located near by
Raw Materials
industries require a regular supply of good quality raw materials
Climate
The climate could affect where an industry locates, as it needs to attract workers to the area
Explanation:
Answer:
1. Capital: ADVERTISEMENTS
2. Government Policies
3. Industrial Inertia
4. Efficient Organisation
5. Banking Facilities
6. Insurance