Contents
48
Reviewed by Omotolani Ajileye
Edited by Paul Elegbeleye
MERITS OF LOCATING INDUSTRIES IN RURAL PLACES
1. Cheaper Land Acquisition
DEMERITS OF LOCATING INDUSTRIES IN RURAL PLACES
1. Poor Transportation Facilities
SUMMARY
1. Industries are located in rural places because of: Availability of raw materials, Cheap land, Government incentives, Need to reduce rural-urban migration, Desire to promote rural development
2. Merits of rural industrial location include: Lower land costs, Employment generation, Rural development, Reduced congestion in urban centres,
3. Demerits of rural industrial location include: Poor infrastructure, Inadequate electricity supply, Limited skilled labour, Smaller markets
Read More : How West African Countries Can Promote Indigenous Industries
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