Notes on basic economics concepts.

Economics Notes

Industrial Location - Mind Map

Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.

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• Industry
  
  • Various firms
    
    • Similar Characteristics
      
      • Concentrated
      • Widespread
• Location of Industry
  
  • Minimising Costs of Production
• Nearness to Market
  
  • Bulk reducing
  • Bulk increasing
• Nearness to a Supply of Raw Materials
• Nearness to a Supply of Labour
• External Economies of Scale
• Competition
• Nearness to Power
• Reputation
• Transport and Communication Services
• Incentives
• Opportunities for Expansion
• Development Agencies and Inward Investment

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