| http://www.w3.org/ns/prov#value | - Therefore in industry, there is a tendency to substitute one factor of production (e.g., labor) for another (e.g., capital for automated equipment) in order to achieve optimum plant location. ??? ??? ??? Labor-Intensive Industry An industry for which labor costs comprises a high percentage of total expenses ??? ??? ??? Agglomeration A process involving the clustering or concentrating of people or
|
