Set: Location Factors Conclusion

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All 8 terms

TermDefinition
Location FactorFactor such as historical head start, market, location of raw materials, power, fresh water, labour, transportaion, and political situation that help explain the location of cities and industries.
Raw MaterialsSomething used by an industry to be processed into a more finished state.
MarketAny place where goods and services can be bought and sold.
Labour SupplyAvailability of workers or labour force.
Political DecisionsDecision made by government that will help attract new business or, if it is not careful, that will drive investment away.
CircumstanceIn manufacturing, particular influences on the location of factories that are more general and difficult to measure.
EntrepreneurPerson who takes a risk by setting up a business in order to make a profit.
Branch PlantCanadian company controlled by a foreign company.

Set Information

Terms 8
Creator akitt
Created May 26, 2008
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Subjects None
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