What are the Factors affecting location of industry?

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1248070

2026-04-08 07:11

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Factors may be placed into three basic categories:

1. Natural Advantages

2. Acquired Advantages

3. Government Advantages

The factors can be listed as follows:

a) Cost-[Acquired]

b) Closeness to a source of raw materials-[Natural]

c) Closeness to a source of power-[Acquired and/or Natural]

d) Closeness to a market-[Acquired]

e) Closeness to an educated working force-[Acquired]

f) Closeness to a method of transport-[Acquired]

g) Government Intervention-[Government]

h) In a suitable climate-[Natural]

i) In a stable political atmosphere-[Government]

j) Health facilities-[Acquired]

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