Question : What impact has liberalization had on industrial location?
Option 1: Decreased competition among industries
Option 2: Restricted foreign investment
Option 3: Increased centralization of industries
Option 4: Greater flexibility in choosing locations
Correct Answer: Greater flexibility in choosing locations
Solution : Liberalization has had the impact of providing greater flexibility in choosing industrial locations, as it has opened up markets and reduced restrictions on foreign investment, leading to increased competition and decentralization.