What are footloose companies?

The footloose companies are those that have relatively few constraints when making location decisions. In this paper they are classified into four categories: company headquarters, high technology, research and development, and services.

Is clothing a footloose industry?

The clothing industry, for example, is such a footloose industry that has developed a truly global pattern. If companies have the option to outsource much of their production, labor relations are also altered, circumscribing the bargaining position of labor in the United States and other developed nations.

Are automobiles a footloose industry?

5 The car industry is also a very integrated industry and production is very footloose.

Is cotton a footloose industry?

The main raw material of cotton textile industry is raw cotton which is a pure raw material. It means that cotton textile industries do not show any particular affinity for growing up in a certain location. Thus, the cotton textile industry is called a ‘footloose industry’.

Is iron and steel industry a footloose industry?

Iron and steel. B. Cotton Industry. Diamonds and computer chips are some main examples of the footloose industries.

What are the characteristics of footloose industry?

The key characteristics of a footloose industry are:

• These are less dependent on specific raw material, Most of the raw materials are small and light and can be transported easily.
• It needs skilled workers as the industrial process is advanced and major work needs high-quality precision.

What are footloose industries Class 12?

Footloose industries are those industries which are not dependent on any specific raw material, weight losing or otherwise. they depend on specific component parts which can be obtained anywhere. Such industries are generally non-polluting and produce in small quantity with small labour force.

Is Petro Chemical a footloose industry?

(B) Cotton Industry. (C) Petro – Chemical. The footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as resources or transport. Diamonds and computer chips are some examples of footloose industries.

What are footloose industries identify the factors that influence the location of these industries with the help of examples?

Factors responsible for the location of footloose industries:

• Connectivity: Location with a good connectivity of roads, railways, telecommunication, airways etc.
• Cheap land: They are located on the edge of cities because the land is often cheaper than in the center.

What are footloose industries Class 10?

Solution 1. Footloose industry is a general term for an industry that can be placed and located at any location without effect of factors of location such as land, labour, climate and capital. Diamond cutting, computer chips and mobiles manufacturing are some of the examples of footloose industries.

Is vegetable oil industry a footloose industry?

Non-footloose industries are those which needs close proximity of raw material within a time frame to finish the products. Sugar industry, cotton industry and vegetable oils are non-footloose industries.

Is Iron and Steel footloose industry?

Which of the following is an example of a Footloose industry?

Diamonds, computer chips, and mobile manufacturing are some examples of footloose industries. These are generally non-polluting industries. Non-footloose industries generally require raw material availability within a time limit to make products.

Why cotton textile industry is called Footloose industry?

Why cotton textile industry is called footloose industry? The cotton industry concerns principally twirling and knitting. Uniquely in the cotton industry Ginning, the thread whirling, and weaving was controlled and maintained by diverse states and masters. Henceforth it is called the footloose industry

What are the characteristics of Foot Loose industries?

—Foot loose industries can be located in a wide variety of places. They are independent of any specific raw material.They largely depend on component parts which can be obtained anywhere, in other words they are not dependent upon proximity of raw materials.