Question

Identify the statement which is NOT correct about Foot Loose Industries.

• A. They can be located in a wide variety of places.
• B. They are not dependent on any specific raw material.
• C. They produce in huge quantity and employ huge labour force.
• D. The important factor in their location is accessibility by road network.

Answer 1

The Correct Option is C

Footloose industries are typically small-scale, flexible industries that are not tied to specific resources or large labor forces. They rely on transportation and networks.

Answer 2

Footloose industries are typically small-scale and flexible in nature. These industries are not heavily dependent on specific natural resources, large labor forces, or fixed locations. Unlike traditional industries that are tied to the availability of raw materials or cheap labor, footloose industries have the freedom to set up operations in a variety of locations. The key factors that determine their location are primarily transportation and access to networks, such as communication and distribution channels.

These industries often produce goods that do not require heavy infrastructure or specialized input materials, allowing them to be more adaptable to market demands. Examples of footloose industries include technology firms, high-end electronics manufacturing, and light assembly industries. Their flexibility allows them to be established in regions that offer competitive advantages, such as lower transportation costs, proximity to markets, or favorable business conditions.