Industrial Inertia Flashcards
1
Q
What is industrial inertia
A
Industrial inertia is when a industry does not relocate even tho it. May make more economic sense to do so usually occurs when industry has historical links to the place
2
Q
Industrial inertia example
A
Sheffield in England known for steel even tho local mines closed steel factories stayed there changing there approach now using new energy sources and making new products e.g surgical instruments
