Answer:
Major concentration of manufacturing industries have flourished in less than 10 per cent of the world?s land area such as U.S.A., Canada, U.K. etc. Industries maximize profits by reduing cots. Therefore, industries should be located at points where the production costs are minimum.
Some of the factors influencing industrial locations are as under:
(i) Access to market: The existence of a marker for manufactured goods is the most important factor in the location of industries. ?Market? means people who have a demand for these goods and. also have the purchasing power (ability to purchase) to be able to purchase from the sellers at a place.
(ii) Access to raw material: Industries dependent on bulky and weight-losing material (ores) are located close to the sources of raw material to reduce transport costs e.g., Steel, Agro-processing.
(iii) Access of source of energy: Industries, which use more power, are located close to the source of the energy supply such as the steel industry. E.g. Steel industries of North America.
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