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Factors for Industrial location - Coggle Diagram
Factors for Industrial location
Human
Skilled Labour
Near universities that have skilled/ intelligent people
eg. Oxford
In areas that already have industrial factories and people who have the skills needed
eg. Manchester
Access to Market
Less money spent on transport
Power supply
Ubiqutous
Unless a lot of power is needed
eg. Steel Manufacturing.
Aluminum Production
Industrial Linkage
Other industries that you can benefit from
Selling manufactured good that you may need. eg car parts
You could sell your goods the other businesses
Capital
Wealthier countries or areas within countries
Government policies
Enterprise zones
an area in which business growth is encouraged by the government through tax relief and financial concessions
eg. zones in Leicester, Hereford
Physical
Land
Big scale factories
More land
Cheaper
Small scale
Not as much land needed
Raw material eg coal, water
Easier/ cheaper to transport
Closer to market
Harder/ expensive to transport
Close to raw materials
Natural routes
Fast and Cheap