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7 Cards in this Set
- Front
- Back
Cheap labor |
Lower minimum wage in LEDCSs and NICs |
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Raw materials |
Close access to them reduces transport costs |
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Government |
Friendly policies offer tax incentives/free zones |
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Prohibit strikes |
So money is not lost as employees stop working |
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Health and safety |
Relaxed regulations in NICs means less overheads |
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Working hours |
Less strict rules, means more products made a day |
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Selling market |
Close access to where goods sell reduces transport |