KESHAVRAO
CLASS-MCOM-1 (A)
SUB- INDUSTRIAL ECONOMICS
ROLL NO-7849
TOPIC-LIMITATIONS OF INDUSRIAL
ECONOMICS
1.Dependence
When an industrial is located in a particular locality, it
makes the economy dependent for its requirements of the
products manufactured. such dependence is dangerous
in the event of war, depression or natural calamities.
7.Lack of mobility of workersWhen workers get jobs at one place, their willingness to
move to another place is restricted, since they are skilled
in only one type of job which may not be available at
other places.
8.Danger of AttackWar attacks are generally made at those places which are
industrially rich. This leads to economic loss.
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