Geography Essay: Using examples examine how the location of industry changes over time and creates economic variations within a country: The location of industry changes over time; the factors that have historically affected industry location are access to: raw materials, energy sources, inexpensive transport, affordable labor, market competition and investment capital. Modern social and political trends have also added environmental impact factors along with tax revenue creation, tax incentives and government employment targets to the list of factors. Historically, industry has always sought out places to set up base on the advantages offered by the location. In the past, these factors were raw materials, energy sources, inexpensive transport, affordable labor, market competition and investment capital. These were important for heavy industry. In today’s developed world, companies need to be able to attract highly skilled workers. Therefore, nowadays, industries seek out locations that are desirable to live in, along with certain older factors (e.g. tax rates). These new industries - mainly built off of electronics and consumer goods, required less hard labor, as machines in factories now do that. Instead, they require fewer, but much more highly skilled workers. Some of the factors that can affect a company’s location decisions today are: available land for future expansion, is there easy access by car, if workers move here will they be able …show more content…
Other parts of a country that are further away from the areas of industry location are less interesting for industry and therefore suffer from a lack of income and higher rates of poverty (The