High-tech industry in England - G 136, 137

5 important questions on High-tech industry in England - G 136, 137

For what kind of place do market-dependent economies look for?

a place where they can communicate fast and easily with their customers, so they often choose densely populated, urban areas

What is labour market?

this is where supply and demand meet. Wages and knowledge are bery important on the labour market.

Where do companies that make  labour-intensive products get their labour from?

low-wage economies
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What is for many companies the most imporant 'raw material'?

knowledge, so they want a loation where they an find peple with the right training and eduation. They usually coose a location near  university of technology, so they en up in densly populated urban regions.

Why is good infrastructure very important for businesses?

THey need good connections to transport people and products smoothly. They also need a goo supply of gas, water and electricity and an efficient telephone an internet connection.

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo