Industrial Sites: Land, Labor & Capital

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following terms describes industries being situated near the raw materials needed to produce their products?

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1. Infrastructure includes all of the following, EXCEPT:

2. At Fielding Industries, Gerald is in charge of decisions related to the company's employees. Which of the following terms BEST describes Gerald's responsibilities?

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About This Quiz & Worksheet

Focusing on how to best develop an industrial park, this quiz and corresponding worksheet will gauge your knowledge of land, labor and capital considerations for industrial sites. Topics covered include what the term ''infrastructure'' encompasses.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review the following:

  • Definition of labor
  • Term for a large-scale departure of financial assets and capital from a nation
  • Wealth in the form of money or other assets

Skills Practiced

This worksheet and quiz will let you practice the following skills:

  • Interpreting information - verify you can read information regarding what infrastructure includes and interpret it correctly
  • Knowledge application - use your knowledge to identify a key factor to consider when situating an industry
  • Defining key concepts - ensure that you can accurately define main phrases and terms, such as labor

Additional Learning

To learn more, review the corresponding lesson Industrial Sites: Land, Labor & Capital. This lesson will help you:

  • Understand what an industrial park is
  • Identify the main factors taken into account when choosing a site
  • Explain why proximity to inputs is important in a location
  • Describe the role of labor in deciding where to build an industrial park
  • Appreciate how risk factors into situating a site
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