InterviewSolution
Saved Bookmarks
| 1. |
Describe the role and Importance of market in location of the industries. |
|
Answer» Market plays an important role in establishment of any industry. The industries are established for earning profit. Every industry needs a market to sell its products. This is why, most of the industries are established near cities or urban areas. People in urban areas have more purchasing power and thus provide a good market. There is less transportation cost to market. This is why, industries are established nearby the market. |
|