Which factor plays the most dominant role in the ideal location of an industry? Explain
any three reasons in support of this factor.
Answers
Answered by
23
Least cost plays the most dominant role in the ideal location of an industry.
Because
the cost of obtaining raw material at the factory side should be minimum i.e raw material should be available nearby or may be transported cheaply to the industrial location.
the factory should be so located that the manufactured goods may easily be distributed or transported to the market at the least cost by rail, road or water transport.
cost of manufacturing at the factory side should be minimum. the trained and experienced labour should be easily available.
Because
the cost of obtaining raw material at the factory side should be minimum i.e raw material should be available nearby or may be transported cheaply to the industrial location.
the factory should be so located that the manufactured goods may easily be distributed or transported to the market at the least cost by rail, road or water transport.
cost of manufacturing at the factory side should be minimum. the trained and experienced labour should be easily available.
Answered by
4
Explanation:
least cost is the reason
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