answersLogoWhite

0


Best Answer

no factor will influence the location of an industry/

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What Factors influence the location of an industry?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Four factors influence an industry's competitive rivalry and competitive dynamics?

Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.


What are factors that influence supply?

what are the factors that influence supply


What factors will influence your living area and housing choices?

There are multiple factors that will influence your choice of location and housing. The main factors are where you were raised, your financial status, and the type of housing plan you prefer.


What are the factors that affect primary industry?

1. Availability of Power : Nearness to source of power or availability of power supply in an area will reduce the cost of production.In other words, this will fetch a higher income for a company as the money would be saved for the production of other goods or payment of employee salary. 2. Availability of Labor : Efficiency of labor is an important factor affecting location of industry. A higher labor force will improve production process for goods with elastic effect will create revenue.In other hand, diminishing return will be applied if more or more labor for industry. 3. Local government policies : Government policies might influence the location of industry. A favorable government policy will improve the location of industry as funds and other forms of incentives will be given to industry for the purchase of raw materials. This will help in the development of technology that will improve production of goods . 4. availability of infrastructure : Infrastructural facilities like water, good and available transport system are provide for the location of industry. 5.Availability of raw materials,capital,transport and market 6.Incentives (e.g, importation of machinery from Europe )


How did the factors of production help European governments to establish industry?

How did the factors of production help european governments to establish industry?

Related questions

What are the factors affecting the location of iron and steel industry?

nvfjhbc


What are the factors affecting the location of a cotton textile industry?

Factors affecting the location of a cotton textile industry include proximity to raw materials (cotton), access to transportation networks for shipping finished products, availability of skilled labor, energy supply for production processes, proximity to markets for distribution, and government policies or incentives.


Four factors influence an industry's competitive rivalry and competitive dynamics?

Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.


Explain 2 factors which influence either agriculture or industry in the western region please help i dont understand this thing?

There are more than two factors that influence both agriculture and industry in the Western region. The two main factors are Food Security and food.


What is the role of business in society?

identitfy and discuss factors that influence the location of your business?


What are the factors that influence the type of a house?

The factors that influence the of house bulit in a region (!)the location and climate of a place (2)the construction materials available locally (3)the economic condition of the people


What are the 6 factors that influence agriculture?

Location, Climate, Raw Materials, Labor, Market and Transportation


What are two factors that influence the climate of the western united states?

Location and the Pacific ocean and mountain


What are the Factors that influence location of a business?

Following link will help:http://entrepreneurs.about.com/od/gettingstarted/a/chooselocation.htm


What are the factors that influence the location of?

The factors that influence the location of industries are: 1. Availability of Water 2. Availability of Power : Nearness to source of power or availability of power supply in an area will reduce the cost of production.In other words, this will fetch a higher income for a company as the money would be saved for the production of other goods or payment of employee salary. 3. Availability of Labor : Efficiency of labor is an important factor affecting location of industry. A higher labor force will improve production process for goods with elastic effect will create revenue.In other hand, diminishing return will be applied if more or more labor for industry. 4. Local government policies : Government policies might influence the location of industry. A favorable government policy will improve the location of industry as funds and other forms of incentives will be given to industry for the purchase of raw materials. This will help in the development of technology that will improve production of goods . 5. availability of infrastructure : Infrastructural facilities like water, good and available transport system are provide for the location of industry. 6.availability of raw materials,capital,transport and market 7.incentives (e.g, importation of machinery from Europe )


What industry factors influenced RIM?

Some of the industry factors that influence RIM are legitimacy of firm and technology, implications of technology standards, network effects and complementary goods, partners and social capital as resources.


Factors that affect the location of a business?

Availability of raw materials - resources , sufficient power supply , large labor supply , money for investment in industries , efficient transportation system, closeness to markets, cities, towns, and incentives to attract industry are factors that affect industry location