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Factors may be placed into three basic categories:
1. Natural Advantages
2. Acquired Advantages
3. Government Advantages
The factors can be listed as follows:
a) Cost-[Acquired]
b) Closeness to a source of raw materials-[Natural]
c) Closeness to a source of power-[Acquired and/or Natural]
d) Closeness to a market-[Acquired]
e) Closeness to an educated working force-[Acquired]
f) Closeness to a method of transport-[Acquired]
g) Government Intervention-[Government]
h) In a suitable climate-[Natural]
i) In a stable political atmosphere-[Government]
j) Health facilities-[Acquired]
Wiki User
∙ 11y ago
Wiki User
∙ 14y agothere are many factors such as
1. availability of material
2.availability of energy
3.availability of transport
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