One major factor that determines the location of an industry is

Economics

JAMB 2014

A. tax exemption grant
B. its proximity to the market
C. the capital base
D. the social responsibility of the firm

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Correct Answer: Option B

Explanation

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.

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One major factor that determines the location of an industry is

Correct Answer: Option B

Explanation

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