Q. 234.4( 7 Votes )

Explain any five

Answer :

Five factors that affect the location of an industry:

1. Raw material: Availability of raw material is very important for the location as it is one of the basic inputs required.


2. Labour: Industries depend a lot on cheap labour so it prefers a location which is highly populated.


3. Capital: Cost and quality of the capital are essential as it is one of the biggest investments of an industry.


4. Power: The equipments and machinery depend completely on a constant supply of power.


5. Market: A nearby market place makes it much easier to sell goods produced and reduces transportation cost.


Explanation: Many factors affect the location of industries because the production process has various stages, each linked to different things.


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