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Location of industry image - Coggle Diagram
Location of industry
Physical factors
There are any physical factors to show where an industry might locate.
Cheap land
Industries require cheap land to be able to cheaply uild land. This is so that they can cut costs and thus make more profit
Flat land is also required
Raw materials
There needs to be sufficient raw materials for the industry to process an turn into something else. Being close to a site with many raw materials mean that industries have to spend less money on transporting the raw materials and thu, cut costs.
The supply of raw materials also needs to be reliable so that the industry doesn't have any risk of any access to those raw materials being cut off. This means that the raw material reserve cannot be cutoff unexpectedly and easily by a storm, conflict or any other mishaps and problems.
Natural routes
Industries require natural passage by land or sea so that they ca cheaply transport goods made in the factories to places where they can be sold without spending too much money on transport so tat they can cut costs
Human factors
Access to market
The market needs to be nearby so that resources can be sold
easily
Some goods are heavier to be transported and thus more expensive
Cheap transportation needs to be available so that resources can be cheaply brought to the markets to ge sold
Skilled labour
The industrial site could be close to a large settlement or somewhere else where there is a large amount of skilled labour to operate the factories
Power supply
There needs to be adequate power supply with cheap costs to be able to run the factory and do it without spending excessive
money
Mostly Ubiquitous unless extensive amounts of power is required
Industrial linkage
There should be certain industries in the area that the factory can benefit from such as an industry for car arts which can help a car making factory
Capital
Capital or money needs to be readily available for development purposes so that the industry can improve their factories, products and profits whilst developing.
Government policies
There may be certain government subsidies, policies or incentives promoting certain industries to start up in particular areas for whatever reason. This makes it so more industries start in locations like these so that they can earn more moeny
There are 3 main types of industrial location-
Raw materials
Market
Footloose
These industries dont require raw materials or market locations as much so they can locate almost anywhere. The only things that matter is the availability of skilled labour and transport. an example of these industries is computer and software development
