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    Md. Tanvir Hasan
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    Localization of industries refers to the tendency of industries to concentrate in regions most suited for their development. Key causes of localization include proximity to raw materials, sources of power, suitable physical and climate conditions, markets, trained labor, capital, and momentum from an early start in the region.

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    Localization of industries refers to the tendency of industries to concentrate in regions most suited for their development. Key causes of localization include proximity to raw materials, sources of power, suitable physical and climate conditions, markets, trained labor, capital, and momentum from an early start in the region.

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    4 views2 pages

    Question 8

    Uploaded by

    Md. Tanvir Hasan
    Localization of industries refers to the tendency of industries to concentrate in regions most suited for their development. Key causes of localization include proximity to raw materials, sources of power, suitable physical and climate conditions, markets, trained labor, capital, and momentum from an early start in the region.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Q.

    8 Explanation of Localisation of industries


    Causes of Localisation .
    Localization of industries is meant the
    tendency on the part of industries to be
    concentrated in regions which are most suited
    for their development.
    Causes of Localisation
    1. Nearness ot raw material
    2. Availability of source of power
    3. Physical and climate conditions
    4. Nearness to market
    5. Supply of trained labor
    6. Availability of capital
    7. Momentum of an early start

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