Difference between Location of Industry and Localization of Industries

Difference between Location of Industry and Localization of Industries

Location of an industry may be defined as the idea and practice of establishing an industry either by government or an entrepreneur in a given area for economic, geographical, social or political reasons.

while

Localization of industries may be defined as the idea and practice of establishing many industries in a particular area for economic, social, geographical or political reasons. The particular area where these industries exist is known as an Industrial estate.

Click here to download “Difference between Location of Industry and Localization of Industries” as PDF.

 

Somtochukwu
Connect on

Somtochukwu

Coach, Motivational Speaker, Writer and Teacher.

▪ Follower of Balancism.
Somtochukwu
Connect on

Leave a Reply

error

Enjoy this blog? Please spread the word about ‘Balancism’.