Which factor are Responsible for Industrial Location and Set up?
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Answers
Industrial location factors:
• Power supply.
• Communications - including transport, telecommunications.
• Labour supply - including workers with the right skills.
• Access to market - where the goods are sold.
• Grants and financial incentives - usually from governments.
• Raw materials.
Factors required to set up an industry:
• Availability of raw materials: Raw materials should be easily available from nearby areas only.
• Labour: Labour should be skilled and easily available from the neighbouring areas only.
• Power supply: Without power supply, an industry cannot run, so it should also be available as per the requirements.
• Market: If it is a heavy material and a perishable good, market for the sale of the goods should
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Answer:
Factors responsible for location of Industries
Industrial locations are complex in nature. These are influenced by the availability of many factors. Some of them are: raw material, land, water, labor, capital, power, transport, and market.
Factors Responsible for the Location of Industries
For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.
Geographical Factor
Raw material: Availability of natural resource that can be used as raw material.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.Marketing feasibility.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.Marketing feasibility.Characteristics of land and soil.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.Marketing feasibility.Characteristics of land and soil.Climate.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.Marketing feasibility.Characteristics of land and soil.Climate.Precipitation and water resources.
material: Availability of natural resource that can be used as raw material.Technology: To turn the resource into an asset with value.Power: To utilize the technology.Labour: Human resource in the area who can function as labor to run the processes.Transport : Road/rail connectivity.Storage and warehousing.Marketing feasibility.Characteristics of land and soil.Climate.Precipitation and water resources.Vulnerability to natural resources.
Explanation:
Non-geographical Factors
Capital investment.
Capital investment.Availability of loans.
Capital investment.Availability of loans.Investment climate.
Capital investment.Availability of loans.Investment climate.Government policies/regulations.
Capital investment.Availability of loans.Investment climate.Government policies/regulations.Influence of pressure groups.
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