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Questions and Answers
What is a driving factor for the locational choice of industries?
What is a driving factor for the locational choice of industries?
- Availability of natural resources (correct)
- The aesthetic appeal of the location
- Local cultural heritage
- Proximity to educational institutions
Which of the following best describes an industrial complex?
Which of the following best describes an industrial complex?
- A collection of tourist attractions
- A business engaged in worldwide trade
- A single manufacturing facility
- A cluster of manufacturing facilities operating in close proximity (correct)
What is the primary purpose of Special Economic Zones (SEZs)?
What is the primary purpose of Special Economic Zones (SEZs)?
- To preserve historical landmarks
- To promote economic growth through more liberal economic policies (correct)
- To attract international tourists
- To protect local wildlife and ecosystems
What is the focus of eco-tourism?
What is the focus of eco-tourism?
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Which factor is crucial for the regionalization of industries?
Which factor is crucial for the regionalization of industries?
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Study Notes
Evolution of Industries
- Industries have evolved over time, transforming from traditional to modern industries
- Factors influencing industrial evolution include technological advancements, changes in global markets, and shifts in consumer demand
- Industrial development is closely linked to economic growth, urbanization, and infrastructure development
Locational Factors of Industries
- Location plays a crucial role in the success of industries, influenced by factors such as:
- Accessibility to raw materials and markets
- Availability of labor, water, and energy resources
- Transportation infrastructure and connectivity
- Government policies and incentives
- Climate and environmental factors
Industrial Houses and Complexes
- Industrial houses and complexes are specialized facilities designed to support industrial activities
- Examples include:
- Industrial parks and estates
- Free trade zones and export processing zones
- Special economic zones (SEZs) and industrial corridors
- Public sector undertakings (PSUs) and state-owned enterprises
Industrial Regionalization
- Industrial regionalization refers to the concentration of industries in specific geographic regions
- Factors influencing industrial regionalization include:
- Proximity to raw materials and markets
- Availability of skilled labor and infrastructure
- Government policies and incentives
- Comparative advantage and competitive advantage
New Industrial Policies
- New industrial policies aim to promote industrial development and growth
- Key objectives include:
- Encouraging entrepreneurship and innovation
- Fostering competitiveness and productivity
- Promoting sustainable and environmentally-friendly industries
- Enhancing regional development and industrial diversification
Special Economic Zones (SEZs)
- SEZs are designated areas that offer specialized infrastructure and incentives for industrial development
- Key features of SEZs include:
- Simplified regulations and bureaucratic processes
- Tax incentives and subsidies
- World-class infrastructure and logistics
- Access to skilled labor and talent pools
Tourism and Eco-Tourism
- Tourism and eco-tourism are significant contributors to economic growth and development
- Key aspects of tourism and eco-tourism include:
- Cultural and natural heritage sites
- Ecologically sustainable tourism practices
- Community-based tourism and local empowerment
- Promotion of national and local economies
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