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JAMB - Economics (2014 - No. 30)

One major factor that determines the location of an industry is
tax exemption grant
its proximity to the market
the capital base
the social responsibility of the firm

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Factors responsible for location of Industries

Some of them are: raw material, land, water, labor, capital, power, transport, and market. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.

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