SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is one MAIN factor in deciding where railroad tracks are built?
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Tree lines
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Hiking trails
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Location of markets
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Location of reservoirs
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Explanation:
Detailed explanation-1: -Economic development of a country depends on all three factors: natural resources, capital formation and market size.
Detailed explanation-2: -Geographic location is important because it determines the market size of firms in that location. That is, it determines the surrounding distribution of economic activity and the transport and trade costs associated with accessing that purchasing power.
Detailed explanation-3: -Natural resources. Power and energy resources. Capital accumulation. Technological resources. Available labor force. Transportation and communications. Education and training. 28-Dec-2021
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