Factors Influencing the Development of an Industry (Leaving Cert Geography): Flashcards
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Practise the cards
13 cards from this deck
Why proximity to raw materials matters
Why proximity to raw materials matters
Critical for bulky/perishable resource industries
Climate's role in industry location
Climate's role in industry location
Encourages certain industries (e.g., vineyards in sunny areas)
Land requirement for industries
Land requirement for industries
Flat & large areas for factories & warehouses
Energy source importance
Energy source importance
Access to power (hydroelectric plants, natural gas)
Labour supply factor
Labour supply factor
Skilled/unskilled labour availability; lower costs in developing countries
Transport infrastructure role
Transport infrastructure role
Move raw materials & goods (roads, rail, ports)
Market proximity benefit
Market proximity benefit
Reduces transport costs & ensures fast delivery
Capital requirement for industry
Capital requirement for industry
Significant investment needed; areas with banks, investors, incentives
Economies of scale benefit
Economies of scale benefit
Clusters share services, labour, suppliers (e.g., Silicon Valley)
Gov't policies attracting industry
Gov't policies attracting industry
Tax incentives, subsidies, grants, industrial zones
Political stability importance
Political stability importance
Attracts foreign & local investors
Steel industry physical factors
Steel industry physical factors
Proximity to coal & iron ore reserves (e.g., Ruhr Valley)
Steel industry human factors
Steel industry human factors
Skilled workforce & excellent transport infrastructure