Question

Why the market factor is important in deciding the location of an industry

Answer 1

The market for the final is a major consideration when deciding where locate an industry. If the product is heavy or bulky as compared to raw material, the industry should be located near the market. This is because it is more expensive to transport the final product. ... develop industries without power.

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Answer 2

Answer:

NEARNESS TO THE SOURCE OF RAW MATERIAL: Large quantities of raw materials are needed for industries. Therefore industries are located near the source of raw materials. It saves the cost of transportation. Steel centres are developed where coal and iron are easily available