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Factors affecting the location of industry - Coggle Diagram
Factors affecting the location of industry
Example 1
Silicon Valley, California
Has many companies such as Apple and Google
Has a high concentration of skilled workers
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Human Factors
Labour availibility
Skilled labour
Are there skilled workers available?
Market proximity
How close the market is?
What is the cheapest form of transport?
Power supply
What sources of power are available and how much do they cost
Capital
Is capital available for developmental purposes?
Industrial linkage
Are there industries that we can benefit from?
Government policies
Are there government incentives to develop a new industry?
Physical Factors
Availibilty of raw materials
Are there sufficient raw materials available nearby?
Will the supply of raw materials be reliable
Transportation
Natural routes
Are there any natural routes (e.g sea or river)?
Is it close to any transportation networks (e.g railways)?
Cheap land
Is there any available
Example 2
Toyota's manufacturing plant in Georgetown
Benefits from a nearby railway and is in proximity to Interstate 75
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