A. location of industry
B. amalgamation of industries
C. localization of industries
D. nationalization of industry

Correct Answer: Option C

C. localization of industries

Explanation

Localization means the concentration of a certain industry in a particular area, locality or region. Localization is related to the territorial division of labour, that is, specialization by areas or regions.

SEE ALSO  Which of the following is the function of a central bank?

Copyright warnings! Do not copy.