Industrial Location Theories

Industry in which production of goods and services is based in homes, as opposed to factories. Dominant industrial model before Industrial Revolution. Today, produce specialty goods, which are assembled individually or in small quantities. 

• Agglomeration Economies
• Cottage Industry
• Footloose Industry
• Fordist

Manufacturing or other industry in which cost of transporting both raw materials and finished product is not important for determining location of the firm. Common footloose industries include catalog companies, which can locate anywhere as shipping in the US depends on weight not distance, as well as expensive and light items such as diamonds or computer chips. 

• Agglomeration Economies
• Cottage Industry
• Footloose Industry
• Fordist

- Alfred Weber (1868-1958) formulated a theory of industrial location in which an industry is located where it can. Minimize its costs, and therefore maximize its profits. Weber's least cost theory accounted for the location of a.

• Least-Cost Theory
• Deglomeration
• Cumulative Causation
• Manquiladora

a factory in Mexico run by a foreign company and exporting its products to the country of that company. 

• Least-Cost Theory
• Deglomeration
• Cumulative Causation
• Manquiladora

According to Weber, the most important factor in locating a factory is

• transportation cost
• agglomeration
• labor

Soda is a

• bulk gaining industry
• bulk reducing industry

Potato chips are a 

• bulk reducing industry
• bulk gaining industry

• Weber's Least Cost Theory
• Nash Equilibrium
• Losch's Zone of Profitability
• Hotelling's Locational Interdependence Theory

A location where transfer is possible between modes of transporation

• Maquiladoras
• Break of Bulk Points
• Break of Industry Points
• Outsource Points

Airports, seaports and train stations are all examples of:

• Maquiladoras
• Break of Bulk Points
• Break of Industry Points
• Outsource Points