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The Location of Production

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Book cover Economics Revision Guide

Abstract

The Advantages of Different Localities Natural: Accessibility to raw materials and markets. With weight-losing production, transport costs are saved by producing where raw materials are accessible. With weight-gaining industries, it is cheaper to produce near market. Climate. Cheap, unskilled labour. Acquired or man-made: supply of skilled labour, communications, marketing organisations, ancillary industries, training schools, reputation. Government-sponsored: help to firms in ‘Assisted Areas’

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© 1994 Jack Harvey

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Harvey, J. (1994). The Location of Production. In: Economics Revision Guide. Palgrave, London. https://doi.org/10.1007/978-1-349-13313-0_9

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