Question

Доподшо Чuestions. .
(i) What is meant by the term 'industry?
(ii) Which are the main factors which influence the location of an industry?
(ii) Which industrty is often referred to as the backbone of modern industry
and why?​

Answer 1

Explanation:

Question 1

What is meant by the term ‘industry’?

Solution:

Industry refers to an economic activity that is concerned with production of goods, extraction of minerals or the provision of services.

Industry is the production of a good or service within an economy. Manufacturing industry bacame a key sector of prosuction and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This occurred through many successive rapid advances in technology, such as the production of steel and coal.

Question 2

Which are the main factors which influence the location of an industry?

Solution:

Factories are located in areas where the following are available.

Availability of raw material for the proposed industry

Land for setting-up the factory

Water and power needed for running the factory

Availability of competent labour force

Capital required for starting the factory

Transportation of raw material and goods

Market facilities.

Question 3

Which industry is often referred to as the backbone of modern industry and why?

Solution:

Iron and Steel Industry is often called the backbone of modern industry. Almost everything we use is either made of iron or steel or has been made with tools and machinery of these metals. Ships, trains, trucks, and autos are made largely of steel. Even the safety pins and the needles we use are made from steel.

Oil wells are drilled with steel machinery. Steel pipelines transport oil. Minerals are mined with steel equipment. Farm machines are mostly steel. Large buildings have steel framework. Hence the Iron and Steel Industry is referred to as the backbone of modern industry.