Answer:
In addition to factors in the box, Industrialization requires Capital. Capital is required in order to invest in industry and set up enterprises.
Explanation:
Apart from land and labor, capital is the 3rd important key in ensuring that industrialization takes place in a region. Without investors willing to provide capital it would not be able be possible to hire land, machinery, people and develop a business that can run.
More than just free capital i.e. grants and interest-free loans, capital from an investor ensures profitability and a long-term vision.
