One of the major factors affecting tourism industry is that : ignorance and illeracy on the part of consumer.
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prices of goods and servicesincome of consumersprices related to goods and servicesexpected future price of productsnumber of consumers in a market
factors increasing production of a product in industries
Refer to PESTLE analysis
Factors affecting the location of a cotton textile industry include proximity to raw materials (cotton), access to transportation networks for shipping finished products, availability of skilled labor, energy supply for production processes, proximity to markets for distribution, and government policies or incentives.
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which sector of tourism has been affecting
macro and micro factor on industry
Advances in modes of travel and in communication led to growth of the tourism industry. Integration of the global economy was also a factor.
The economy is one of the factors of growth in the hotel industry. When the economy is good, there is more money for vacations, and hotel stays. Tourism and business travel are also factors of growth in the hotel industry.
Following are the external factors that affect the textile industry of India: 1. Legal factors 2. Political factors. 3. Technology 4. Government Intervention
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