Question

What are footloose industries?

Answer 1

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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. ... Diamonds, computer chips, and mobile manufacturing are some examples of footloose industries.

Answer 2

Footloose industry is a general form for an. industry that can be placed and located at any location without effect from factor of production such as resources,land, labour,and capital. Diamonds, computer chips, and mobile manufacturing are some examples of footloose industries.