THE LOCATION OF INDUSTRY. Economics . THE IMPORTANCE OF LOCATION.
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1. Nearness to the Source of Raw Materials
2. Nearness to Market
3. Nearness to the Source of Power
4. Nearness to Suitable Labour
6. Access to Transport
8. Linkage Industries
1. Climatic conditions
2. Government Influence
3. Nature of Activities
4. Industrial Inertia
5. Political Stability
Reduce the differences in regional unemployment. This is achieved in two ways:
To encourage firms to move to or expand in assisted areas, the government provides these industries with: