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 save this Post as PDF
