Industries which are independent of any specific raw material are called __________?a)Agglomeration industriesb)Footloose industriesc)Large-scale Industriesd)Manufacturing industriesCorrect answer is option 'B'. Can you explain this answer?

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Industries which are independent of any specific raw material are called __________?

a)
Agglomeration industries
b)
Footloose industries
c)
Large-scale Industries
d)
Manufacturing industries

Correct answer is option 'B'. Can you explain this answer?

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Most Upvoted Answer

Industries which are independent of any specific raw material are call...

Footloose industries

Footloose industries can be located in a wide variety of places.
They are not dependent on any specific raw material, weight loss or otherwise.
Hence the correct answer is option B.
They largely depend on component parts which can be obtained anywhere.
They produce in small quantities and also employ a small labour force.
These are generally not polluting industries.
The important factor in their location is accessibility by road network.

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Industries which are independent of any specific raw material are call...

Footloose Industries
Footloose industries are those industries that are not dependent on any specific raw material or location for their operation. These industries have the flexibility to establish themselves in any location without being constrained by the availability of raw materials or resources.

Characteristics of Footloose Industries:
- They can be located anywhere without being influenced by the availability of raw materials.
- They have the freedom to choose their location based on factors such as transportation facilities, market access, and labor availability.
- These industries are not tied to a specific region or resource, allowing them to adapt to changing market conditions and economic factors.

Examples of Footloose Industries:
- Information technology (IT) services
- Consulting firms
- Financial services
- Call centers
- Software development

Importance of Footloose Industries:
- They contribute to economic development by creating job opportunities and generating revenue.
- They promote regional development by providing employment opportunities in areas that may not have access to natural resources.
- They enhance competitiveness and innovation by fostering a diverse range of industries in different locations.
In conclusion, footloose industries play a vital role in the global economy by offering flexibility and adaptability in their operations, regardless of specific raw materials or resources.

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Industries which are independent of any specific raw material are called __________?a)Agglomeration industriesb)Footloose industriesc)Large-scale Industriesd)Manufacturing industriesCorrect answer is option 'B'. Can you explain this answer?

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