Home » Economics » Localization of industry refers to theLocalization of industry refers to the Localization of industry refers to the A. conentration of the firms of an industry in a particular area B. siting of industries in rural areas C. even spread of industries D. governement policy of influencing Correct Answer: Option A Explanation Related Posts which of the following factor is not important in deciding the location of an industry? The sharp increase in the prices of most goods and services during the last quarter… Given that Y = C + I and C = bY where b = 0.8,… Two basic features common to an industry are Petro-chemicals industries are located in River State of Nigeria due to the presence of The real value of money is