Why should the government influence the location of an industry?
- To reduce on regional imbalance in terms of development
- To improve on social infrastructure like roads, hospital, schools, etc.
- To gain political support
- To provide employment opportunities in different regions
- To reduce on the level of social costs associated with industrialization
- To control monopoly tendence
- To encourage exploitation of resources like minerals
- To enable provision of basic infrastructure to the industries in the form of transport, power, health and education
- For strategic reasons
CATEGORIES Economics
TAGS Dr. Bbosa Science