Which of the following is an example of a footloose industry (product)?Group of answer choicesSodaComputer ChipsSteelApplesCars

A footloose industry is one that is not tied to a specific location and can operate in various regions without significant impact on its cost. Typically, these industries produce lightweight products that do not incur high transportation costs and can be easily moved.

Among the choices provided:

1. Soda - Typically has some location considerations due to distribution networks but can be produced in various locations.
2. Computer Chips - Are lightweight and can be manufactured in various places; thus, they fit the criteria of a footloose industry.
3. Steel - Heavily weight-dependent and tied to raw material sources, making it not footloose.
4. Apples - Are agricultural products requiring specific climates and lands for farming, so they are not footloose.
5. Cars - Require heavy manufacturing infrastructure and are not easily moved, making them location-dependent.

Final Answer

Computer Chips is an example of a footloose industry.