INDUSTRIES
INDIAN MINERALS AND INDUSTRIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Raw Material
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Market
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Least production cost
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Transportation
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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.