Question

Give geographical reason.

A footloose industry does not have a strong locational preference.

Answer 1

1. A footloose industry does not have a strong locational preference because the resources, production skills, and consumers on which it depends can be found in numerous places.
2. Such a company may relocate anytime, hence the term footloose.
3. The Internet and other forms of advanced communication technology have made location completely detached from both resource and market considerations.
4. Some examples of footloose industry are watch-making, diamond cutting, etc. Like the inputs, the output is 47 lightweight and can be easily transported to the markets