Footloose Industry

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As a footloose industry ( Engl. , Literally, unbound Industry ') is in the economic geography means an industry that is not tied to specific locations. This is the case in industries that process ubiquitous materials that are available everywhere, for example air or water, or materials from various places of origin. For this reason, those industries are generally referred to as "unbound", in which there are no advantages in terms of transport costs due to the settlement at one location , or other cost advantages predominate. Furthermore, in industries that are not tied to a location, qualified workers or tactile advantages are of little importance when choosing a location. Often a high number of cheaply available labor is decisive for the choice of location. The relocation of the textile and clothing industry to developing and emerging countries can be cited as a classic example .

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Individual evidence

  1. http://wirtschaftslexikon.gabler.de/Archiv/6864/footloose-industry-v6.html