Which factors affect the location of industry ?
Answers
Explanation:
- Climate
- Availablity of workers
- Sufficient land
- Availablity of raw material
Answer:
which factors affect the location of industry?
factors affecting the location of industry are:
★ Raw materials
availability of raw materials is very important for the location as it is the basic inputs required.
★ Labour
industries depends alot on cheap labour so it prefer a location which is highly populated.
★ Capital
cost and quality of the capital are essential as it is one of the biggest investments ofa n country.
★ power
the equipment and machinery depend completely on a constant supply of power.
★ Market
a nearby market places makes it much easier to sell good produced and reduces transportation costs.
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location of industries is the geographical spread of economic activity within an economy. However, multitude of factors influence the location decisions of firms and industries, including proximity to raw material supplies, availability of labour, good communications and nearness to markets.
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