Question

Factors affecting the location of industries are classified as which of the following below mentioned factors ______.
A. Geographical factors
B. Non Geographical factors
C. Both A and B
D. None of these

Answer 1

Hint Industrial locations are naturally complex. There are various factors that affect the commercial location like staple, land, water, labor, capital, power, transport, and market, etc. For simple convenience, the situation factors may be classified into two groups.

Step by step solution The factors influencing the placement of industry are divided into two broad categories as follows -
1. Geographical factors
2. Non-geographical factors
Geographical Factors:
A. Raw Materials: The significance of raw materials in the manufacturing industry is so fundamental that it needs no emphasis. Indeed, the placement of business enterprises is usually determined just by the location of the raw materials. The modern industry is so complex that a large range of raw materials is important for its growth.
B. Power: Regular supply of power is the most significant part of the localization of industries. Coal, oil, and hydro-electricity are the three important conventional sources of power. Most industries concentrate on the source of power.
C. Transport: Transport by any means is critical for the organization of raw materials and for the marketing of the finished products. The event of railways in India determined the situation of the many industries around metropolitan cities like Kolkata, Mumbai, and Chennai. it's tough to estimate what quantity a selected industry owes to the first transport facilities available within the area.
D. Water: Water is the most vital require­ment for everything and industries cannot be neglected similarly. Many industries are established near the sources of rivers, canals, and lakes because water is that the primary reason. All the big units of industries like Iron and industry, textile industries, and chemical industries require large quantities of water, for the correct functioning of all the processing.

Non-Geographical Factors:
Economic, political, historical, and social factors constitute the non-geographical factors. These factors influence the trendy industries to a good extent. Given below are a number of the important non-geographical factors influencing the placement of industries -
A. Capital: Modem industries are highly capital-intensive and need massive investments. Capitalists are available in urban centers. Big cities like Mumbai, Kolkata, Delhi, and Chennai are big industrial centers, because usually big capitalists board these cities.
B. Banking Facilities: In order to determine industries, regular exchange of crores of rupees which is feasible and safe through banking facilities only. therefore the areas with better banking facilities are better suited near the establishment of industries.
C. Insurance: There is always a robust fear present of harm to machinery and humans in industries that insurance facilities are highly needed.

Thus, option C is correct.

NoteSteel is called the backbone of the modern industry because almost everything we use is either made of steel or has been made with machinery or tools made out of steel.