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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


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

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.

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