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Economics miscellaneous

  1. Apart from the availability of raw material location of an industry is also dependent on the availability of:
    1. enviornmental protection and vegetation
    2. man power and energy source
    3. transport and bio energy
    4. water and inputs
Correct Option: B

Some of the factors which affect the industrial location are as follows: availability of raw materials, availability of labour, availability of capital, availability of power, availability of market and infrastructure. good supply of labor is one of the traditional factors that is indispensable for industry. Besides, availability of power/electricity is also a deciding factor.



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