What is meant by the term ‘industry’?
(ii) Which are the main factors which influence the location of an industry?
(iii) Which industry is often referred to as the backbone of modem industry and why?
(iv) Why cotton textile industry rapidly expanded in Mumbai?
(v) What are the similarities between information, technology industry in Bangalore and Californ
Answers
What is meant by the term ‘industry’?
A basic category of business activity. The term industry is sometimes used to describe a very precise business activity (e.g. semiconductors) or a more generic business activity (e.g. consumer durables). If a company participates in multiple business activities, it is usually considered to be in the industry in which most of its revenues are derived .
Which are the main factors which influence the location of an industry?
==> Raw Material: The earliest industries in India developed near the source of raw material.
==> Energy: The iron and steel industries has been traditionally tied with the coal resources. Similarly, the electro- metallurgical being power intensive have been located where electricity is available.
==> Transport: Transport is required for carrying raw materials to manufacturing industries and finished products to markets.
==> Labour: The availability of both unskilled and skilled is an important factor in the location of industry.
==> Climate: Stimulating climate increase the efficiency of the laborers. The cotton textile industry required humid climate.
Which industry is often referred to as the backbone of modem industry and why?
Steel and iron industry are known as the backbone of modern industry because:
1. Almost everything is made of steel or iron, or has been made with tools and machinery off these metal.
2. Ships, trains, trucks and autos are made largely of steel or iron. Even the safety pin are made from steel or iron.
3. Minerals are mined with steel or iron equipments.
4. Large buildings have steel or iron framework.
5. Oil wells are drilled with steel or iron machinery.
Why cotton textile industry rapidly expanded in Mumbai?
The first successful modern textile mill was established in Mumbai in 1854. The warm, humid climate, port for importing machinery, availability of raw material and skilled labour resulted in rapid expansion of the industry in the region.
What are the similarities between information, technology industry in Bangalore and California
Bangalore and California enjoy a mild climate. Both the places have a dust free atmosphere and clean environment. Good access to markets and skilled work force is available here and they are close to major roads and airports.
Explanation:
as given above and please small amount of questions