Question

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Footloose industry?​

Answer 1

Answer:

a footloose industry is one which is not tied to any particular location or country and can relocate to another place without effect from factors of production such as resources, land, labour and capitals.

footloose industry is such type industry which doesn't have a strong location preference as the input resources and outputs markets can be found in many places. these are called footloose as these types of industries are prone to relocation.

Explanation:

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Answer 2

$\huge\mathfrak{✩Solution}$

• Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors of production such as resources, land, labour, and capital.

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