All AP Human Geography Resources
Example Question #1 : Critiques Of Industrial Location Models
The least-cost theory is attributed to __________.
The least-cost theory is attributed to Alfred Weber. The least-cost theory suggests that all major corporations make their decisions about where to house their production and manufacturing facilities based on the least possible combination of costs, so as to derive the greatest possible profit. It is instrumental for understanding the nature and decision making process of multinational corporations.
Example Question #2 : Critiques Of Industrial Location Models
Which of the the following products allows its company to be considered a “footloose firm”?
A “footloose company” is not tied to any particular location and can relocate in response to changing economic conditions. All of the products—except diamonds—are either going to cause the companies that produce and sell them to be either market or material oriented. This is because diamonds that are mined are the product that is sold by the company. In other words, there is no assembly required. Subsequently, there is no need to consider the relative merits of locating manufacturing centers closer to raw materials or large markets.