Give geographical reasons:
What are the major factors which have hindered the growth of industries in South America?
Industries in the continent of South America are developed only in coastal areas of Brazil, Argentina, Chile and Peru. The hindrances in the growth of industries in South America are due to unfavourable physical factors such as dense forests in Brazil, deserts in interior parts of Argentina, Andes mountain range running along the west coast. The economic factors like limited capital, lack of modern technology and lack of transportation facilities etc., create hindrance in development of industries. Comparatively low density of population and lack of markets are the other factors responsible to have hindered the growth of industries in South America.