Factors affecting Industrial Location Flashcards
Energy definition
refers to the power needed to run machines that include computers and operational equipment.
How energy affects industrial location
The constant supply of energy influences industrial location as disruption in energy supply would mean a delay in the production process.
Land definition
represents the space in which people carry out their activities.
How land affects industrial location
Industries prefer to set up their operations on level land because it is easier to clear the land of existing features and development subsequently.
Raw Materials definition
naturally occurring or partially processed physical substances that are used as inputs for production or manufacturing.
How raw materials affects industrial location
Weight-losing industries such as the iron or steel industries tend to be located near the sources of iron ore to save on transportation costs.
1000 million tonnes of iron ore is needed to produce around 500 million tonnes of iron.
Capital definition
refers to the financial resources needed to set up and run a business or industry.
How capital affects industrial location
Industries prefer to locate in places where the costs of production are low or where there is easy availability to low interest loans and financial institutions.
Market definition
refers to the place where the goods produced is in demand.
How market affects industrial location
Weight-gaining industries such as the automobile industry tend to be located near their market to save on transportation.
Labour definition
refers to the group of workers employed by industries to run operations.
How labour affects industrial location
Labour-intensive industries such as textile industry tend to be located in places where labour costs are low.
Transportation definition
refers to the movement of people and goods from one place to another through the use of vehicles.
How transportation affects industrial location
The availability of a cost-effective transportation network reduces the amount of capital required to bring finished goods to the intended markets.
Government definition
refers to the group of people who looks into the way a country is run.
