- power supply.
- communications – including transport, telecommunications.
- labour supply – including workers with the right skills.
- access to market – where the goods are sold.
- grants and financial incentives – usually from governments.
- raw materials.
What are the factors affecting the location of industries Class 8?
The factors affecting the location of industries are the
availability of raw material, land, water, labour, power, capital, transport and market
. Industries are situate d where some or all of these factors are easily available.
What are the factors affecting industries in India?
- Raw Material: The earliest industries in India developed near the sources of raw material. …
- Energy: …
- Transport: …
- Labour: …
- Water: …
- Market: …
- New Factors in a Changed Situation:
What are the factors affecting the location of industries Class 10?
- Raw Materials: ADVERTISEMENTS: …
- Power: Regular supply of power is a pre-requisite for the localisation of industries. …
- Labour: …
- Transport: …
- Market: …
- Water: …
- Site: …
- Climate:
What are the factors affecting the location of industries Upsc?
- Raw Materials: The significance of raw materials in the manufacturing industry is so fundamental that it needs no emphasizing. …
- Power: …
- Labour: …
- Transport: …
- Market: …
- Water: …
- Site: …
- Climate:
What are the 7 location factors for industry?
Factors responsible for location of Industries
Some of them are:
raw material, land, water, labor, capital, power, transport, and market
. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.
What is the major factors affecting location decision?
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
.
Which industry is often called backbone of modern?
Iron and Steel Industry
is often called the backbone of modern industry. Almost everything we use is either made of iron or steel or has been made with tools and machinery of these metals. Ships, trains, trucks, and autos are made largely of steel. Even the safety pins and the needles we use are made from steel.
What are location factors?
Include a number of opportunity factors related to a location, mainly
labor
(average wages, availability, level of qualification), materials (mainly for raw materials dependent activities), energy, markets (local, regional and global), and accessibility to suppliers and customers (important for intermediate activities) …
Which industry is known as sunrise industry?
A
new and growing industry especially in electronics and telecommunications
is known as the sunrise industry. IT industry is called a sunrise industry as it has grown at a fast pace in last ten years. It is still growing and has tremendous scope to grow in coming years as well.
Which industry is the base of all other industries?
Explanation:
Iron and steel industry
is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods..
What is the ideal location of an industry class 10?
Industry is located at that place where
the availability of raw materials are easily available, proper climate conditions and soil
.
What are the factors affecting fixed capital?
- Nature of Business:
- Scale of Operation:
- Technique of Production:
- Technology Up-gradation:
- Growth Prospects:
- Diversification:
- Availability of Finance and Leasing Facility:
- Level of Collaboration/Joint Ventures:
What are the 5 major industries in the world?
- Global Consumer Electronics Manufacturing. Employment number for 2021: 17,430,942. …
- Global Commercial Real Estate. …
- Global Fast Food Restaurants. …
- Global Hotels & Resorts. …
- Global Apparel Manufacturing. …
- Global Coal Mining. …
- Global Tourism. …
- Global Commercial Banks.
What are the three major industries in the world?
- Primary sector of the economy (the raw materials industry)
- Secondary sector of the economy (manufacturing and construction)
- Tertiary sector of the economy (the “service industry”)
- Quaternary sector of the economy (information services)
- Quinary sector of the economy (human services)
What are the major industries in the world?
- Iron and steel industry – Germany, USA, China, Japan and Russia.
- Textile industry – India, Hong Kong, South Korea, Japan and Taiwan.
- Information technology industry – Silicon Valley of Central California and the Bangalore region of India.
