Economics
WAEC 2010
The following are all factors determining the location of industry except
-
A.
minimum wage rate
-
B.
availability of labour
-
C.
nearness of raw materials
-
D.
proximity to the market
Correct Answer: Option A
Explanation
Factors that influence where an industry locates include:
- 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.
This factors do not include minimum wage rate.
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