Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

What is Industrial Inertia?

Industrial inertia refers to the inability of the industry to relocate even when the locational advantages change or no longer apply. Industrial Inertia is caused by;

  • The need to benefit from the established infrastructure.
  • Availability of an established pool of labour.
  • The benefits of an already existing market.
  • The fear of the cost of building other industries elsewhere.

The major Industrial centres would still attract other industries that use other industries’ finished products as raw materials.

The post What is Industrial Inertia? appeared first on GEOGRAPHY POINT - GEOGRAPHY,HISTORY, MAPS AND GIS.



This post first appeared on Free Geography Resources, please read the originial post: here

Share the post

What is Industrial Inertia?

×

Subscribe to Free Geography Resources

Get updates delivered right to your inbox!

Thank you for your subscription

×