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24 January, 08:30

What are three characteristics that may make a place well-suited, or poorly-suited, for industry?

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  1. 24 January, 09:00
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    The correct answer is land, labor and capital.

    A specific place might be appropriate or inadequately suited for industry, contingent upon the unmistakable attributes of land, work, and capital. These three characteristics that is used to determine well-suited or poor-suited for an industry is also used in the factors of production, yet entrepreneurship is added.
  2. 24 January, 11:14
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    Labor, land and capital are three characteristics that may make a place well-suited, or poorly-suited, for an industry. Land is defined as any part of Earth’s surface that is not covered by water. Labor is defined as the work that is put into creating a product or developing a service. Capital is used to describe the financial assets that are used to produce and manufacture goods.
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