INDIAN GEOGRAPHY

INDUSTRIES

INDIAN MINERALS AND INDUSTRIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one 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
Transportation
Explanation: 

Detailed explanation-1: -Solution: The least production costs play the most important role in the location of an industry in a particular region.

Detailed explanation-2: -The top five major factors identified that may strongly influence international location decisions generally were: costs, infrastructure, labour characteristics, government and political factors and economic factors.

Detailed explanation-3: -The correct answer is Population Density. Population density is not a preferred characteristic for an industrial location as industries tend to be a source of pollution (noise, sound, air, water, and what not!) and, thus, inconvenience for habitats around.

Detailed explanation-4: -There are many different factors which play a vital role in establishing an industry. The factors responsible are abundant availability of qualified human resources, or labour supply, raw materials, availability of logistics like roadways, railways, ports, etc.

There is 1 question to complete.