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Consider the following statements regarding footloose industries:
Footloose industries are those industries which enjoy relatively free choice of location.
  • The cotton industry is an example of a footloose industry.
    Which of the statement given above is/are correct.
    • a)
      1 only
    • b)
      2 only
    • c)
      Both 1 and 2
    • d)
      Neither 1 nor 2
    Correct answer is option 'A'. Can you explain this answer?
    Most Upvoted Answer
    Consider the following statements regarding footloose industries: F...
    1. Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as resources or transport. Hence statement 1 is correct,
    2. Reason for growth of footloose industries lies in the rapid development of highly sophisticated products requiring a great deal of scientific research and development.
    1. Footloose industries enable quick product improvement of their products to suit the market demand,
    2. Characteristic features of footloose Industries which favour the free choice of location:
    3. light industries that often do not use raw materials but component parts
    4. power requirements, usually only electricity — available from the national grid
    5. the end product is small and often cheaper and easier to move;
    6. employs a small labour force
    7. non-polluting industries which can be located near residential areas
    8. accessibility - needs to be near a road network
    On the other hand, the cotton industry is largely dependent on cotton as raw material, employs low to the medium-skilled labour force and has a conventional product range. So it is not a footloose industry. Other examples of non-footloose industries include Tea, Jute and sugar industry. Hence statement 2 is not correct.
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    Community Answer
    Consider the following statements regarding footloose industries: F...
    Explanation:

    Footloose industries are those industries that have the flexibility to choose their location relatively freely, without being heavily influenced by factors such as access to raw materials or proximity to markets. These industries are not tied down to a particular location and can easily relocate if necessary.

    Statement 1: Footloose industries are those industries which enjoy relatively free choice of location.

    This statement is correct. Footloose industries are characterized by their ability to choose their location freely. They are not dependent on specific geographical factors and can operate in multiple locations.

    Statement 2: The cotton industry is an example of a footloose industry.

    This statement is incorrect. The cotton industry is not typically considered a footloose industry. The cotton industry is heavily dependent on factors such as access to raw materials (cotton) and proximity to markets for its finished products (textiles). These factors limit the flexibility of the cotton industry to choose its location freely.

    Therefore, the correct answer is option 'A' - 1 only.

    In conclusion, footloose industries are characterized by their ability to choose their location freely, without being heavily influenced by factors such as access to raw materials or proximity to markets. The cotton industry, however, is not an example of a footloose industry as it is heavily dependent on specific geographical factors.
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    Consider the following statements regarding footloose industries: Footloose industries are those industries which enjoy relatively free choice of location. The cotton industry is an example of a footloose industry. Which of the statement given above is/are correct.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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