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Question C
Examine the factors that have influenced the development of footloose industries or tourism in a developed economy that you have studied.
Step 1
Answer
Footloose industries are those that are not tied to any specific location for their operations. The following factors have influenced their development in a developed economy:
Technology Advancements: Innovations in technology allow industries to operate efficiently without the constraints of geographical location. Automation and robotics can reduce the need for a labor force in specific areas.
Transportation: Improved transportation networks lower costs and increase accessibility, allowing industries to set up in locations that suit their operational needs rather than proximity to resources.
Infrastructure: The availability of good infrastructure (e.g., telecommunications, roads, and utilities) attracts footloose industries to set up operations in developed economies.
Costs: Economic factors such as lower land and labor costs in certain areas can make locations attractive for setting up industries.
Government Policies: Incentives, tax breaks, and favorable legislation by the government can encourage the establishment of industries in specific regions.
Step 2
Answer
Tourism in a developed economy is influenced by various factors:
Natural Attractions: The presence of beautiful landscapes, national parks, and historical sites can attract tourists.
Cultural Heritage: Rich cultural and historical heritage motivates people to visit. This can include museums, festivals, and architectural landmarks.
Accessibility: Developed transportation infrastructure (airports, railways, etc.) makes it easier for tourists to reach destinations quickly and conveniently.
Safety and Health Standards: Higher standards of safety and health attract more tourists, as they are more likely to feel safe during their visit.
Marketing and Promotion: Effective marketing strategies via social media and travel agencies can influence tourist decisions and boost the number of visitors.
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