Which of the following factors plays the most important role in the location of an industry in a particular region? A. Raw material B. Market C. Least production cost D. Transport
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c) least production bcost
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All of the given factors affect the location of an industry.
- In deciding the area of industry, closeness to raw materials is of crucial significance. Closeness to the raw materials would lessen the expense of the creation of the products.
- An important factor affecting the location of industries is access to markets. Industries which manufacture perishable or bulky goods are generally located near markets as they can't be transported long distances.
- The least production cost is quite significant in deciding the locality of the industry. It is the most important one as all the industrialists would want to produce goods at the cheapest prices.
- There are three modes of transportation, namely, water, road, and rail, that all play an important role in determining the location of industries. In this way, the intersections of waterways, roads, and railways become humming centres of industrial activity.
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