Factors That Influence Location And Localization of Industries - SS2 Economics Past Questions and Answers - page 1
What factor can influence the location and localization of industries that rely on specific raw materials?
Availability of labor
Access to markets
Infrastructure
Availability of raw materials
What factor can influence the location and localization of industries that require specific skills or labour?
Government policies
Availability of labour
Vailability of raw materials
Infrastructure
What factor can influence the location and localization of industries that rely on specific infrastructure?
Availability of raw materials
Access to markets
Government policies
Infrastructure
What is one factor that can influence the location and localization of industries producing goods for specific markets?
Availability of labor
Availability of raw materials
Government policies
Access to markets
Why is it important to carefully consider government policies when making decisions about the location and localization of industries?
Government policies can influence the cost of doing business or access to resources, which can impact the profitability and efficiency of an industry.
What are some of the factors that should be considered when making decisions about the location and localization of an industry?
Factors that should be considered include the availability of raw materials, access to markets, availability of labour, infrastructure, and government policies.