Podcast
Questions and Answers
What does an industry primarily do?
What does an industry primarily do?
- Converts raw goods into useful products and services (correct)
- Provides entertainment and leisure activities
- Manages financial investments for individuals
- Focuses solely on agricultural practices
Which of the following activities is NOT typically performed by industries?
Which of the following activities is NOT typically performed by industries?
- Selling products
- Providing direct healthcare services (correct)
- Producing goods
- Processing raw materials
What is a key indicator of a nation's economic growth?
What is a key indicator of a nation's economic growth?
- The size of its military forces
- The amount of rainfall it receives
- The number of public parks
- The productivity of its industry (correct)
What is improved through the development of industries?
What is improved through the development of industries?
What do industries require to improve agriculture?
What do industries require to improve agriculture?
Which sector provides essential services to support other levels of industry?
Which sector provides essential services to support other levels of industry?
Which of the following is an example of a mineral-based industry?
Which of the following is an example of a mineral-based industry?
What is a key characteristic of small-scale industries?
What is a key characteristic of small-scale industries?
Which factor is used to determine the size of an industry?
Which factor is used to determine the size of an industry?
Which type of industry transforms raw materials into usable products?
Which type of industry transforms raw materials into usable products?
Which of the following is an example of a public sector industry?
Which of the following is an example of a public sector industry?
Agro-based industries obtain raw materials from what source?
Agro-based industries obtain raw materials from what source?
Which of the following factors is increasingly important in influencing industrial location?
Which of the following factors is increasingly important in influencing industrial location?
What type of climate is generally more suitable for the development of industries due to its impact on labor efficiency?
What type of climate is generally more suitable for the development of industries due to its impact on labor efficiency?
Why are flat lands considered ideal for industrial sites?
Why are flat lands considered ideal for industrial sites?
What is a crucial requirement for industries that rely on the movement of raw materials and finished products?
What is a crucial requirement for industries that rely on the movement of raw materials and finished products?
Why is access to markets an important consideration for an entrepreneur when deciding on a factory location?
Why is access to markets an important consideration for an entrepreneur when deciding on a factory location?
What is a key factor for modern industries, enabling greater freedom of location choice?
What is a key factor for modern industries, enabling greater freedom of location choice?
What type of incentive might governments provide to influence the location of industries?
What type of incentive might governments provide to influence the location of industries?
Which raw materials are most important inputs for the iron and steel industry?
Which raw materials are most important inputs for the iron and steel industry?
How does industrial productivity primarily contribute to a nation's overall prosperity?
How does industrial productivity primarily contribute to a nation's overall prosperity?
What is the MOST significant economic impact of industrialization on employment trends within a country?
What is the MOST significant economic impact of industrialization on employment trends within a country?
How does the development of industries contribute to improved agriculture?
How does the development of industries contribute to improved agriculture?
What is the role of industries in promoting a higher standard of living for a country's population?
What is the role of industries in promoting a higher standard of living for a country's population?
In what way do industries rely on transportation and storage facilities to support overall productivity and operations?
In what way do industries rely on transportation and storage facilities to support overall productivity and operations?
Which of the following best describes the relationship between primary, secondary, and tertiary industries?
Which of the following best describes the relationship between primary, secondary, and tertiary industries?
A company that manufactures furniture from timber harvested from its own forests would be classified under which two industry types?
A company that manufactures furniture from timber harvested from its own forests would be classified under which two industry types?
Which scenario best illustrates the 'value added' concept in secondary industries?
Which scenario best illustrates the 'value added' concept in secondary industries?
How do socioeconomic factors increasingly influence the location of industries compared to geographical factors?
How do socioeconomic factors increasingly influence the location of industries compared to geographical factors?
Which of the following exemplifies a joint sector industry?
Which of the following exemplifies a joint sector industry?
What is a key characteristic of small-scale industries regarding labor and capital?
What is a key characteristic of small-scale industries regarding labor and capital?
How does industrial development contribute to improved living standards?
How does industrial development contribute to improved living standards?
How do forest-based industries support other sectors?
How do forest-based industries support other sectors?
Why is a stimulating cool temperate climate generally more conducive to industrial development compared to tropical or desert climates?
Why is a stimulating cool temperate climate generally more conducive to industrial development compared to tropical or desert climates?
How has the reliance on the national power grid altered the location considerations for modern industries compared to those in the past?
How has the reliance on the national power grid altered the location considerations for modern industries compared to those in the past?
For industries that produce goods with a high risk of spoilage or goods that are very large and heavy, what location strategy is most effective?
For industries that produce goods with a high risk of spoilage or goods that are very large and heavy, what location strategy is most effective?
Which factor is most likely to influence the location of a 'footloose industry'?
Which factor is most likely to influence the location of a 'footloose industry'?
How do governmental policies impact the placement and growth of industries within a country?
How do governmental policies impact the placement and growth of industries within a country?
In what way does the need for a skilled versus unskilled labor force affect the location choice of different industries?
In what way does the need for a skilled versus unskilled labor force affect the location choice of different industries?
What combination of raw materials is most critical for the functioning of the Iron and Steel industry?
What combination of raw materials is most critical for the functioning of the Iron and Steel industry?
An industry refers to a group of companies related by primary business activities.
An industry refers to a group of companies related by primary business activities.
Industries transform raw materials into useful products and services.
Industries transform raw materials into useful products and services.
A nation's economic growth is independent of its industrial productivity.
A nation's economic growth is independent of its industrial productivity.
The number of industries has no impact on the number of employment opportunities.
The number of industries has no impact on the number of employment opportunities.
Industries contribute to a country's per capita income by investing capital and using modern machinery.
Industries contribute to a country's per capita income by investing capital and using modern machinery.
Agriculture is considered a primary industry because it produces 'raw materials'.
Agriculture is considered a primary industry because it produces 'raw materials'.
Secondary industries extract raw materials from the Earth.
Secondary industries extract raw materials from the Earth.
Tertiary industries provide essential services to support the function of other industries.
Tertiary industries provide essential services to support the function of other industries.
Cotton industries are mineral based industries.
Cotton industries are mineral based industries.
Paper industries are examples of forest-based industries.
Paper industries are examples of forest-based industries.
A small-scale industry requires huge capital investments and superior technology.
A small-scale industry requires huge capital investments and superior technology.
Cool temperate climates are generally better for industrial development due to increased labor efficiency.
Cool temperate climates are generally better for industrial development due to increased labor efficiency.
Industries always need sloping lands to expand their developments.
Industries always need sloping lands to expand their developments.
Public sector industries are owned and operated by individuals or groups of individuals.
Public sector industries are owned and operated by individuals or groups of individuals.
Modern industries must be located near the power source.
Modern industries must be located near the power source.
Industries are more likely to be located where inputs are cheap and readily available.
Industries are more likely to be located where inputs are cheap and readily available.
Effective transport systems are crucial for moving raw materials and finished goods to and from industries.
Effective transport systems are crucial for moving raw materials and finished goods to and from industries.
Industries only produce durable commodities.
Industries only produce durable commodities.
Industries called 'footloose' are tied down to specific locations due to raw material requirements.
Industries called 'footloose' are tied down to specific locations due to raw material requirements.
Banks and other financial institutions discourage the growth of industries.
Banks and other financial institutions discourage the growth of industries.
Industries primarily transform raw materials into usable products and services, operating independently of any interconnected business relationships.
Industries primarily transform raw materials into usable products and services, operating independently of any interconnected business relationships.
A nation's economic growth is inversely proportional to the productivity of its industries, meaning that as industrial productivity increases, national wealth decreases.
A nation's economic growth is inversely proportional to the productivity of its industries, meaning that as industrial productivity increases, national wealth decreases.
A country's standard of living can be accurately assessed by evaluating the quantity, cost, and quality of goods its industries produce.
A country's standard of living can be accurately assessed by evaluating the quantity, cost, and quality of goods its industries produce.
Industrial development leads to decreased productivity and lower national income due to the complexities introduced by large capital investments and advanced machinery.
Industrial development leads to decreased productivity and lower national income due to the complexities introduced by large capital investments and advanced machinery.
Because industries rely on complex machinery, they have no meaningful impact on agriculture.
Because industries rely on complex machinery, they have no meaningful impact on agriculture.
The tertiary sector's growth is independent of the primary and secondary sectors in a balanced economy.
The tertiary sector's growth is independent of the primary and secondary sectors in a balanced economy.
Agro-based industries are classified based on the condition that they source their raw materials exclusively from forestry.
Agro-based industries are classified based on the condition that they source their raw materials exclusively from forestry.
A small-scale industry is characterized by heavy reliance on advanced technology and global market reach.
A small-scale industry is characterized by heavy reliance on advanced technology and global market reach.
Public sector industries are exclusively owned and operated by a group of private individuals.
Public sector industries are exclusively owned and operated by a group of private individuals.
Industries are more likely to be located where necessary inputs are expensive and difficult to obtain.
Industries are more likely to be located where necessary inputs are expensive and difficult to obtain.
Marine-based industries utilize resources extracted exclusively from freshwater sources like rivers and lakes.
Marine-based industries utilize resources extracted exclusively from freshwater sources like rivers and lakes.
According to the definitions, a factory converting metal into vehicles is categorized under primary industries.
According to the definitions, a factory converting metal into vehicles is categorized under primary industries.
The need for industries to be near a power source has become more critical due to the reliance on national grids.
The need for industries to be near a power source has become more critical due to the reliance on national grids.
The level of industrial development in a nation has no correlation with the income or purchasing power of its citizens.
The level of industrial development in a nation has no correlation with the income or purchasing power of its citizens.
Industries that produce goods that spoil quickly or are very large are often located close to their customers.
Industries that produce goods that spoil quickly or are very large are often located close to their customers.
A business can start up the industry it wants without money investment.
A business can start up the industry it wants without money investment.
The establishment of cotton textiles in Maharashtra and plantations in Assam is connected to the accessibility of affordable and proficient labor.
The establishment of cotton textiles in Maharashtra and plantations in Assam is connected to the accessibility of affordable and proficient labor.
Because of their reliance on locally sourced raw materials, footloose industries are typically found in areas with abundant natural resources.
Because of their reliance on locally sourced raw materials, footloose industries are typically found in areas with abundant natural resources.
In modern industry, having good communication systems is only somewhat important; other things matter a lot more.
In modern industry, having good communication systems is only somewhat important; other things matter a lot more.
India was the world's largest steel producer, only recently being surpassed by China and Japan.
India was the world's largest steel producer, only recently being surpassed by China and Japan.
An ______ refers to groups of companies that are related based on their primary business activities.
An ______ refers to groups of companies that are related based on their primary business activities.
Industries convert raw goods into useful products and ______.
Industries convert raw goods into useful products and ______.
A nation's economic growth is based on its ______.
A nation's economic growth is based on its ______.
The standard of living can be measured by the number, cost, and quality of goods produced by its ______.
The standard of living can be measured by the number, cost, and quality of goods produced by its ______.
Manufacturing is the industry upon which the economic successes of ______ nations are built.
Manufacturing is the industry upon which the economic successes of ______ nations are built.
Industries producing perishable goods are located in close ______ to the markets.
Industries producing perishable goods are located in close ______ to the markets.
The stimulating cool temperate ______ is more suitable for the development of industries.
The stimulating cool temperate ______ is more suitable for the development of industries.
Many industries depend upon an efficient and cheap ______ system.
Many industries depend upon an efficient and cheap ______ system.
______ lands are ideal as industries need space to expand.
______ lands are ideal as industries need space to expand.
Access to ______ is an important factor which an entrepreneur must take into consideration.
Access to ______ is an important factor which an entrepreneur must take into consideration.
______ is a very important factor for any industry; it may come from private sources or from the government.
______ is a very important factor for any industry; it may come from private sources or from the government.
The cotton ______ industry is one of the oldest among all manufacturing industries.
The cotton ______ industry is one of the oldest among all manufacturing industries.
The industries that extract raw materials from the Earth are called ______ industries.
The industries that extract raw materials from the Earth are called ______ industries.
Industries that transform raw materials into usable products are known as ______ industries.
Industries that transform raw materials into usable products are known as ______ industries.
[Blank] industries provide essential services to support other levels of industry.
[Blank] industries provide essential services to support other levels of industry.
Industries that obtain raw materials from agriculture are known as ______-based industries.
Industries that obtain raw materials from agriculture are known as ______-based industries.
Industries using mineral ores as their raw material are classified as ______-based industries.
Industries using mineral ores as their raw material are classified as ______-based industries.
A small-scale industry is characterized by a small amount of ______ and basic technology.
A small-scale industry is characterized by a small amount of ______ and basic technology.
Industries owned and operated by an individual or a group of individuals are known as ______ sector industries.
Industries owned and operated by an individual or a group of individuals are known as ______ sector industries.
[Blank] factors like accessibility influence the location of industries.
[Blank] factors like accessibility influence the location of industries.
An ______ can be thought of as a large-scale manufacturing unit which utilises a high degree of automation and specialisation.
An ______ can be thought of as a large-scale manufacturing unit which utilises a high degree of automation and specialisation.
A nation's ______ growth is based on its industry; the more productive the industry, the greater the national wealth.
A nation's ______ growth is based on its industry; the more productive the industry, the greater the national wealth.
The standard of living in a country is often measured by the number, cost, and quality of goods produced by its ______.
The standard of living in a country is often measured by the number, cost, and quality of goods produced by its ______.
Industries are essential for sustaining a higher standard of living for communities and ______.
Industries are essential for sustaining a higher standard of living for communities and ______.
Increased numbers of industries effectively translate into increased ______ opportunities, which helps to reduce a country's unemployment.
Increased numbers of industries effectively translate into increased ______ opportunities, which helps to reduce a country's unemployment.
The stimulating cool temperate ______ is more suitable for the development of industries because this type of climate adds to the work efficiency of the labor force.
The stimulating cool temperate ______ is more suitable for the development of industries because this type of climate adds to the work efficiency of the labor force.
Industries producing perishable or bulky commodities are generally located in close ______ to the markets to reduce transport costs.
Industries producing perishable or bulky commodities are generally located in close ______ to the markets to reduce transport costs.
Industries that can be located anywhere, irrespective of raw materials or transport facilities, are known as ______ industries.
Industries that can be located anywhere, irrespective of raw materials or transport facilities, are known as ______ industries.
Government policies can influence the location of industries by providing tax ______, cheap rent, and other benefits in certain areas.
Government policies can influence the location of industries by providing tax ______, cheap rent, and other benefits in certain areas.
Access to markets is a vital factor for industries, especially those producing ______ or bulky goods, influencing their location choices.
Access to markets is a vital factor for industries, especially those producing ______ or bulky goods, influencing their location choices.
The availability of cheap and efficient ______ is crucial for the growth of industries, as different industries require varying skill levels.
The availability of cheap and efficient ______ is crucial for the growth of industries, as different industries require varying skill levels.
[Blank] and other financial institutions play an important role in the growth of industries by providing necessary financial support from time to time.
[Blank] and other financial institutions play an important role in the growth of industries by providing necessary financial support from time to time.
The development of industries helps in maintaining a proper balance between the agriculture industry and ______ sector, which is essential for the overall economic progress of any nation.
The development of industries helps in maintaining a proper balance between the agriculture industry and ______ sector, which is essential for the overall economic progress of any nation.
Industries contribute to an increase in the income and ______ power of people, making a wide variety of goods available for consumption.
Industries contribute to an increase in the income and ______ power of people, making a wide variety of goods available for consumption.
[Blank] industries extract raw materials from the Earth, such as through mining, forestry, and agriculture.
[Blank] industries extract raw materials from the Earth, such as through mining, forestry, and agriculture.
The term 'value added' is sometimes applied to processed and manufactured items within ______ industries, as they transform raw materials into usable products.
The term 'value added' is sometimes applied to processed and manufactured items within ______ industries, as they transform raw materials into usable products.
[Blank] industries, often called service industries, include transportation, finance, and utilities, supporting the function of other industrial levels.
[Blank] industries, often called service industries, include transportation, finance, and utilities, supporting the function of other industrial levels.
[Blank]-based industries use ______ ores as their raw material; examples include iron and steel, cement, and copper industries.
[Blank]-based industries use ______ ores as their raw material; examples include iron and steel, cement, and copper industries.
A ______-scale industry is owned and run by individuals with the help of a small number of workers, and utilizes locally available traditional skills.
A ______-scale industry is owned and run by individuals with the help of a small number of workers, and utilizes locally available traditional skills.
Industries classified as ______ sector are owned and operated by the government, suchas Hindustan Aeronautics Ltd and Steel Authority of India Ltd.
Industries classified as ______ sector are owned and operated by the government, suchas Hindustan Aeronautics Ltd and Steel Authority of India Ltd.
What is the main activity of industries?
What is the main activity of industries?
Name one activity that industries perform.
Name one activity that industries perform.
What is one way a country's standard of living can be measured?
What is one way a country's standard of living can be measured?
What is the advantage of having industries in a country?
What is the advantage of having industries in a country?
Name one thing that is required to improve agriculture, that is produced by industries.
Name one thing that is required to improve agriculture, that is produced by industries.
What is another name for tertiary industries?
What is another name for tertiary industries?
What is one factor that determines the size of an industry?
What is one factor that determines the size of an industry?
Name one example of a public sector industry.
Name one example of a public sector industry.
What do forest-based industries use as raw materials?
What do forest-based industries use as raw materials?
What do secondary industries transform raw materials into?
What do secondary industries transform raw materials into?
Name an industry where raw materials come from agriculture.
Name an industry where raw materials come from agriculture.
What type of industries extract raw materials from the Earth?
What type of industries extract raw materials from the Earth?
What are industries owned jointly by the public and private sectors called?
What are industries owned jointly by the public and private sectors called?
Name one mode of transport that is vital for industries that need to transport raw materials and finished products.
Name one mode of transport that is vital for industries that need to transport raw materials and finished products.
What is one advantage for industries that locate near markets?
What is one advantage for industries that locate near markets?
What is the term for industries that can be located in various places, not being restricted by factors like raw materials or transport?
What is the term for industries that can be located in various places, not being restricted by factors like raw materials or transport?
Besides private sources, where might a company get the capital needed to set up an industry?
Besides private sources, where might a company get the capital needed to set up an industry?
Name one of the major industries of the world.
Name one of the major industries of the world.
What raw materials are needed for steel industry?
What raw materials are needed for steel industry?
How does the productivity of a country's industries relate to its national wealth?
How does the productivity of a country's industries relate to its national wealth?
Explain how industrialization helps to reduce unemployment and underemployment in a country.
Explain how industrialization helps to reduce unemployment and underemployment in a country.
What role do industries play in improving the agricultural sector of a country?
What role do industries play in improving the agricultural sector of a country?
Describe/define what an industry is.
Describe/define what an industry is.
If a country has a high number of industries that produce high cost and high-quality goods, what does this indicate about its standard of living?
If a country has a high number of industries that produce high cost and high-quality goods, what does this indicate about its standard of living?
Explain how industrial development can lead to a more balanced economy for a nation.
Explain how industrial development can lead to a more balanced economy for a nation.
How do secondary industries add value to raw materials?
How do secondary industries add value to raw materials?
What distinguishes tertiary industries from primary and secondary industries, and why are they considered 'spin-off' industries?
What distinguishes tertiary industries from primary and secondary industries, and why are they considered 'spin-off' industries?
Describe the main difference between small-scale and large-scale industries in terms of capital investment and technology.
Describe the main difference between small-scale and large-scale industries in terms of capital investment and technology.
Give one example each of a public sector industry and a private sector industry, and briefly state the key difference in their ownership.
Give one example each of a public sector industry and a private sector industry, and briefly state the key difference in their ownership.
Explain how marine-based industries contribute to the economy, providing an example.
Explain how marine-based industries contribute to the economy, providing an example.
Considering factors affecting the location of industries, why might a paper industry be located near a forest?
Considering factors affecting the location of industries, why might a paper industry be located near a forest?
How can advancements in transportation infrastructure influence the location of new industries, compared to how industries were located historically?
How can advancements in transportation infrastructure influence the location of new industries, compared to how industries were located historically?
Explain why climate is a significant factor in determining the location of a factory, especially in relation to labor force efficiency.
Explain why climate is a significant factor in determining the location of a factory, especially in relation to labor force efficiency.
Describe how the influence of power sources on industrial locations has changed over time, and what factors have contributed to this change.
Describe how the influence of power sources on industrial locations has changed over time, and what factors have contributed to this change.
Why are railway junctions and seaports often considered ideal sites for industrial localization?
Why are railway junctions and seaports often considered ideal sites for industrial localization?
Explain why industries producing perishable goods are often located near markets.
Explain why industries producing perishable goods are often located near markets.
What are 'footloose industries,' and how do they differ from traditional industries in terms of locational factors?
What are 'footloose industries,' and how do they differ from traditional industries in terms of locational factors?
How can government policies influence the location of industries, and provide an example from either the United Kingdom or India?
How can government policies influence the location of industries, and provide an example from either the United Kingdom or India?
Outline the factors that make India a major hub for both the iron and steel industry and the cotton textile industry.
Outline the factors that make India a major hub for both the iron and steel industry and the cotton textile industry.
Flashcards
Industry
Industry
Groups of companies related by their primary business activities, converting raw goods into products and services.
Industrial Manufacturing
Industrial Manufacturing
The transformation of raw goods into useful products and services on a large scale.
Industrial Productivity
Industrial Productivity
The economic growth of a nation depends on how productive its industries are.
Industries and Employment
Industries and Employment
Signup and view all the flashcards
Industry Support for Agriculture
Industry Support for Agriculture
Signup and view all the flashcards
Primary Industries
Primary Industries
Signup and view all the flashcards
Secondary Industries
Secondary Industries
Signup and view all the flashcards
Tertiary Industries
Tertiary Industries
Signup and view all the flashcards
Agro-based Industries
Agro-based Industries
Signup and view all the flashcards
Mineral-based Industries
Mineral-based Industries
Signup and view all the flashcards
Forest-based Industries
Forest-based Industries
Signup and view all the flashcards
Private Sector Industries
Private Sector Industries
Signup and view all the flashcards
Accessibility (Industry)
Accessibility (Industry)
Signup and view all the flashcards
Climate in Industry
Climate in Industry
Signup and view all the flashcards
Footloose Industries
Footloose Industries
Signup and view all the flashcards
Capital in Industry
Capital in Industry
Signup and view all the flashcards
Government Policy
Government Policy
Signup and view all the flashcards
Importance of the Steel Industry
Importance of the Steel Industry
Signup and view all the flashcards
Transport in Industry
Transport in Industry
Signup and view all the flashcards
Markets in Industry
Markets in Industry
Signup and view all the flashcards
What are Industries?
What are Industries?
Signup and view all the flashcards
Industry as a Unit
Industry as a Unit
Signup and view all the flashcards
Apparel Industry Example
Apparel Industry Example
Signup and view all the flashcards
Industry and Wealth
Industry and Wealth
Signup and view all the flashcards
Industries and Living Standards
Industries and Living Standards
Signup and view all the flashcards
Value Added
Value Added
Signup and view all the flashcards
Cooperative Sector Industries
Cooperative Sector Industries
Signup and view all the flashcards
Joint Sector Industries
Joint Sector Industries
Signup and view all the flashcards
Geographical factors
Geographical factors
Signup and view all the flashcards
Marine-based industries
Marine-based industries
Signup and view all the flashcards
Small-scale industry
Small-scale industry
Signup and view all the flashcards
Land (Industry)
Land (Industry)
Signup and view all the flashcards
Power (Historical Industry)
Power (Historical Industry)
Signup and view all the flashcards
Transportation Hubs
Transportation Hubs
Signup and view all the flashcards
Communication (Industry)
Communication (Industry)
Signup and view all the flashcards
Labour Supply (Industry)
Labour Supply (Industry)
Signup and view all the flashcards
Industries needing skilled labor
Industries needing skilled labor
Signup and view all the flashcards
Industries needing unskilled labor
Industries needing unskilled labor
Signup and view all the flashcards
Industry & Per Capita Income
Industry & Per Capita Income
Signup and view all the flashcards
Industries & Employment
Industries & Employment
Signup and view all the flashcards
Industries & Better Living
Industries & Better Living
Signup and view all the flashcards
Industry & Econonomic Growth
Industry & Econonomic Growth
Signup and view all the flashcards
Industries and Standard of Living
Industries and Standard of Living
Signup and view all the flashcards
Industry's Role in Economy
Industry's Role in Economy
Signup and view all the flashcards
Industry and Purchasing Power
Industry and Purchasing Power
Signup and view all the flashcards
Industry and National Defense
Industry and National Defense
Signup and view all the flashcards
Public Sector Industries
Public Sector Industries
Signup and view all the flashcards
Industry Size Factors
Industry Size Factors
Signup and view all the flashcards
Socioeconomic factors
Socioeconomic factors
Signup and view all the flashcards
Major World Industries
Major World Industries
Signup and view all the flashcards
Climate's Role
Climate's Role
Signup and view all the flashcards
Importance of Labor Costs
Importance of Labor Costs
Signup and view all the flashcards
Movement Importance
Movement Importance
Signup and view all the flashcards
Capital Importance
Capital Importance
Signup and view all the flashcards
Inputs for Steel Industry
Inputs for Steel Industry
Signup and view all the flashcards
Cotton Textile Industry
Cotton Textile Industry
Signup and view all the flashcards
Industrial Development
Industrial Development
Signup and view all the flashcards
Manufacturing Importance
Manufacturing Importance
Signup and view all the flashcards
Industry & Agriculture
Industry & Agriculture
Signup and view all the flashcards
Job Opportunities
Job Opportunities
Signup and view all the flashcards
Industry Improves Agriculture
Industry Improves Agriculture
Signup and view all the flashcards
Tertiary 'Spin-Off' Industries
Tertiary 'Spin-Off' Industries
Signup and view all the flashcards
Industry Size Classification
Industry Size Classification
Signup and view all the flashcards
Large-Scale Industry
Large-Scale Industry
Signup and view all the flashcards
Industrial Accessibility
Industrial Accessibility
Signup and view all the flashcards
Communication Links
Communication Links
Signup and view all the flashcards
Government Influence
Government Influence
Signup and view all the flashcards
Labour Force Needs
Labour Force Needs
Signup and view all the flashcards
Steel Industry Factors
Steel Industry Factors
Signup and view all the flashcards
Textile Hotspots
Textile Hotspots
Signup and view all the flashcards
Climate Benefits
Climate Benefits
Signup and view all the flashcards
Access to market
Access to market
Signup and view all the flashcards
Industry Size
Industry Size
Signup and view all the flashcards
Industry location
Industry location
Signup and view all the flashcards
Climate (Industrial Location)
Climate (Industrial Location)
Signup and view all the flashcards
Land (Industrial Sites)
Land (Industrial Sites)
Signup and view all the flashcards
Power Source (Historical)
Power Source (Historical)
Signup and view all the flashcards
Industrial Transport
Industrial Transport
Signup and view all the flashcards
Market Proximity
Market Proximity
Signup and view all the flashcards
Industrial Capital
Industrial Capital
Signup and view all the flashcards
Industry Definition
Industry Definition
Signup and view all the flashcards
Industry and Living
Industry and Living
Signup and view all the flashcards
Levels of industries
Levels of industries
Signup and view all the flashcards
Industrial land requirements
Industrial land requirements
Signup and view all the flashcards
Raw Materials (Industry)
Raw Materials (Industry)
Signup and view all the flashcards
Capital (Industry)
Capital (Industry)
Signup and view all the flashcards
Government Incentives
Government Incentives
Signup and view all the flashcards
Efficient Transportation
Efficient Transportation
Signup and view all the flashcards
Industries & Location
Industries & Location
Signup and view all the flashcards
Iron and Steel Industry
Iron and Steel Industry
Signup and view all the flashcards
Industries by markets
Industries by markets
Signup and view all the flashcards
Industries & Growth
Industries & Growth
Signup and view all the flashcards
Industry's Core Function
Industry's Core Function
Signup and view all the flashcards
Industry & National Wealth
Industry & National Wealth
Signup and view all the flashcards
Industry and the Standard of Living
Industry and the Standard of Living
Signup and view all the flashcards
Industry boost agriculture
Industry boost agriculture
Signup and view all the flashcards
Agriculture Products
Agriculture Products
Signup and view all the flashcards
Classification of Industries
Classification of Industries
Signup and view all the flashcards
Industry's Purchasing Power
Industry's Purchasing Power
Signup and view all the flashcards
Climate (Factory Location)
Climate (Factory Location)
Signup and view all the flashcards
Transportation (Industry)
Transportation (Industry)
Signup and view all the flashcards
Raw Materials (Location)
Raw Materials (Location)
Signup and view all the flashcards
Capital (Industrial)
Capital (Industrial)
Signup and view all the flashcards
Communication (Modern Industry)
Communication (Modern Industry)
Signup and view all the flashcards
Labor Force (Industry)
Labor Force (Industry)
Signup and view all the flashcards
Steel industry
Steel industry
Signup and view all the flashcards
Industry Conversion
Industry Conversion
Signup and view all the flashcards
Economic Growth and Industry
Economic Growth and Industry
Signup and view all the flashcards
Industry & Living Standards
Industry & Living Standards
Signup and view all the flashcards
Balanced Economy
Balanced Economy
Signup and view all the flashcards
Natural Resource Use
Natural Resource Use
Signup and view all the flashcards
Income & Purchasing Power
Income & Purchasing Power
Signup and view all the flashcards
Industry & National Defence
Industry & National Defence
Signup and view all the flashcards
Factors Affecting Location
Factors Affecting Location
Signup and view all the flashcards
Climate considerations
Climate considerations
Signup and view all the flashcards
Flat lands
Flat lands
Signup and view all the flashcards
Labour supply
Labour supply
Signup and view all the flashcards
Major Steel Producers
Major Steel Producers
Signup and view all the flashcards
Cotton Textile Hotspots
Cotton Textile Hotspots
Signup and view all the flashcards
Study Notes
- An industry consists of related companies based on their primary business activities.
- Industries convert raw goods into useful products and services.
- Industry can be thought of as a large-scale manufacturing unit that utilises automation and specialisation.
- Industries perform activities such as raising, processing, producing, and selling.
- The apparel industry includes clothing production by cutting, sewing, or knitting fabrics and related materials, with the final product sold in the market.
- National economic growth is based on industry productivity, which increases national wealth.
- Standard of living is measured by the goods its industries produce.
- Manufacturing is the industry driving economic success in industrialised nations.
- New technology and innovation promote industrial growth.
- Industrial development involves capital investment, modern machinery, specialisation, and large-scale operations, increasing productivity and national income.
- Industrialisation reduces unemployment by creating numerous employment opportunities.
- Industries meet agriculture's needs for machinery, fertilisers, storage, and transport.
- Agriculture requires better farm machinery, chemical fertilisers, and pesticides, typically provided by large industries.
- Agricultural produce requires storage and transport facilities, adequately provided by large industries.
- Agriculture is the backbone and industry is the energy.
- Industrialisation helps maintain a proper balance between the agriculture industry and the tertiary sector.
- Industrialisation helps use natural resources like minerals, forests, and fisheries.
- Industries increase income, purchasing power, and the availability of goods.
- Industries are indispensable for national defence.
Levels of Industries
Primary Industries
- Primary industries extract raw materials from the Earth, including mining, forestry, and fishing.
- Extraction of raw materials includes mining activities, forestry, and fishing.
- Agriculture is a primary industry because it produces raw materials requiring further processing.
Secondary Industries
- Secondary industries transform raw materials into usable products through processing and manufacturing.
- Examples: bakeries that make bread and factories that make cars.
- Value added applies to processed items because the transformation adds value.
Tertiary Industries
- Tertiary industries provide essential services and support to allow other levels of industry to function.
- Often called service industries, and includes transportation, finance, utilities, education, retail, housing, medical, and other services.
- Primary and secondary levels of industries cannot function without tertiary/ service industries and are sometimes referred to as ‘spin-off’ industries.
Classification of Industries Based on Raw Materials
Agro-based industries
- Agro-based industries get their raw material from agriculture such as cotton, jute, vegetable oil, and tea.
Mineral-based industries
- Mineral-based industries use mineral ores like iron and steel, cement, and copper.
Forest-based industries
- Forest-based industries get their raw material from forests which includes paper, furniture, and pharmaceuticals.
Marine-based industries
- Marine-based industries use products from seas and oceans such as fish oil and seafood.
Classification of Industries Based on Size
- Industry size is determined by total capital input, number of workers, and product volume.
- Industries by size are small-scale, large-scale, and cottage.
- Small-scale industries are owned and run by individuals with the help of a small number of workers.
- A small amount of capital and basic technology is involved in small-scale industry.
- Small-scale industries use locally available skills, invest very little capital, and provide employment to rural households.
- Manufacturing skills are passed down through generations in small-scale industries and products are meant for local markets.
- Examples: Leather works, bangle making, sugar, and vegetable oil industries.
- Large-scale industries require huge investments, superior technology, produce a large volume of products and uses heavy machinery.
Classification of Industries Based on Ownership
Private sector industries
- Private sector industries are operated by individuals or groups such as Bajaj Auto and Tata Steel.
Public sector industries
- Public sector industries are operated by the government such as Hindustan Aeronautics Ltd and Steel Authority of India Ltd
Joint sector industries
- Joint sector industries are owned jointly by public and private sectors such as Cochin Refineries Ltd and Maruti Udyog Ltd.
Cooperative sector industries
- Cooperative sector industries are owned and operated by producers such as sugar mills and Amul.
Factors Affecting the Location of Industries
- Industries are located where inputs are cheap and readily available.
- Geographical and socioeconomic factors affect industrial locations.
- Socioeconomic factors are increasingly influencing industrial locations.
Geographical Factors
- Accessibility: Factories need to be accessible for easy importing of raw materials and exporting of finished products.
- Industries had to have easy access to raw materials, usually through natural routes, but now they can be accessed through varied transport routes.
- Climate: Stimulating cool temperate climates improve work efficiency
- Climate is important to attract factory workers.
- Land: Flat lands are ideal for industries to expand.
- Power: Proximity to power sources isn't crucial since industries can connect to the national grid.
- Transport: Industries depend on efficient and cheap transportation for raw materials and products using rail, road, or water.
- Railway junctions and seaports are suitable sites.
- Markets: Industries producing perishable or bulky commodities are located near markets to reduce transportation costs.
- Raw materials: Industries were located close to raw materials due to costly transport, but now, footloose industries can be located anywhere.
- Footloose industries: These industries can be placed and located anywhere regardless of raw materials and transport facilities.
Socioeconomic Factors
- Capital comes from private sources or government and banks.
- Communication: Industries need communication links for global networking, using the Internet, fax, and phones, affecting location of industries.
- Government policy: Influences locations through tax incentives and restrictions for setting up industries in metropolitan and urban areas.
- Labour supply: Modern industries require a large labor force, both skilled and unskilled.
- Cotton textile manufacturing, sugar making, and jute industries employ more unskilled laborers.
- Cheap labour is an important factor determining industry location.
Major Industries of the World
- Major industries are iron and steel, cotton textile, information technology, sugar, automobile, shipbuilding, and fishing.
Iron and Steel industry
- Steel is a major industry, and a raw material for almost all other industries.
- Raw materials such as iron ore, coal and limestone are important inputs for this industry including labor, capital, location and other infrastructure.
- India is now the third largest producer of steel in the world after China and Japan.
- Major steel industries are located in Germany, USA, China, Japan, India, Brazil, and Russia.
- India produces steel at Burnpur, Durgapur, Bokaro, Jamshedpur, Bhilai and Rourkela.
Cotton Textile Industry
- The cotton textile industry is one of the oldest manufacturing industries.
- Signs of the existence of a cotton textile industry can be observed in all the early civilizations like the Indus Valley, Ancient Egypt, the Vedic Period and the Roman Empire.
- Major industries are concentrated in India, China, and the US.
- In India, the first textile mill was established at Fort Gloaster near Kolkata in 1818.
- The first successful modern textile mill was established in Mumbai in 1854 and mills were initially in Maharashtra and Gujarat because of climate, raw materials, skilled laborers and ports.
- Today, the industry has spread to Coimbatore, Kanpur, Chennai, Kolkata, Ludhiana, Puducherry and Panipat.
- Osaka is the hub of the textile industry in Japan.
Information Technology
- Information technology deals in storage, processing, and information distribution.
- Major hubs of the IT industry are Silicon Valley in California (USA) and Bengaluru (also called the Silicon Valley of India).
Sugar Industry
- Sugarcane is for sugar, ethanol, and jaggery and livestock fodder.
- By-products of sugarcane crops are also used as fodder to feed livestock in many countries.
- Major sugarcane producers are USA, Indonesia, Colombia, Pakistan, Mexico, Brazil, India, China and Thailand.
Automobile Industry
- Worldwide, the automobile industry includes the manufacture, processing and sale of vehicles.
- The automobile industry enables other industries.
- Major automobile producing countries are China, USA, Japan, Germany, South Korea, Spain, Brazil, and Canada.
Shipbuilding Industry
- Shipbuilding involves construction of water vessels and is located at harbors.
- Shipbuilding began in ancient civilizations using rivers for transportation and communication.
- The world's largest shipbuilding industry is located in China, followed by Japan and South Korea.
- In India, the major shipbuilding industries are located in Visakhapatnam, Kolkata, Kochi and Mumbai.
Fishing Industry
- Fishing involves gathering, processing, preserving, storing, transporting, marketing or selling fish products.
- Fisheries or aquaculture are necessary for the livelihood of over 500 million people in developing countries.
- Fish is an important source of food in countries like Japan, Iceland, and the Caribbean, Chile and Peru.
- Major fish producing countries in the world are China, Japan, Peru, Chile, USA, Thailand, India, Norway, Indonesia, Russia and Iceland.
- Fishing industries can be one of the widespread industries, however overfishing can lead to scarcity of fish and affect the world's ecosystem.
- Protection and conservation of the marine ecosystem is a necessity.
Industrial Pollution
- Causes deterioration of the environment and human health.
- The most significant causes of pollution are:
- Toxic chemicals in processing and manufacturing threaten health and the environment.
- Products like electronics, car parts, plastics, metals, and chemical utilities cause major pollution.
- Waste contains numerous chemical substances that are defined in terms of reactivity, ignitability, toxicity and corrosivity.
- Carbon dioxide from fuel leads to global warming and climate change.
- Numerous small-scale industries promote illegal dumping, releasing toxic pollutants and dangerous chemicals.
- Industries extract raw materials, depleting natural resources, degrading land and water.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Explore how industries contribute to economic growth by converting raw materials into valuable products and services. Discover the advantages of industrialization, including increased employment, enhanced agriculture, and better resource utilization.
