1. WEBER’S THEORY OF LOCATION

2. WHO WAS ALFRED WEBER? Alfred Weber (30 July 1868 – 2 May 1958) was a German economist, sociologist and theoretician of culture whose work was influential in the development of modern economic geography.

3. LIFE OF WEBER

4. From 1907 to 1933, Weber was a professor at the University of Heidelberg until his dismissal following criticism of Hitlerism.

5. WEBER’S THEORY OF LOCATION

6. ASSUMPTIONS OF WEBER’S THEORY OF LOCATION

13. Transportation cost

14. TRANSPORTATION A plant tends to be located at a site where the total cost of transportation of materials and products is minimum Wheat field Factory

15. Transport cost is dependent on 2 basis

19. Ubiquitous materials These materials are present everywhere. Example:- water, air etc

20. Localized materials These materials are confined to a particular region. Example:- iron, gold, cotton etc

24. Material index On the basis of the above reasoning Weber developed a mathematical formula to measure the relative pull of materials while those with low materials and the market on industrial location.

27. A plant may deviate from the point of least transportation cost when the savings in labour cost are greater than the additional cost of transportation at the new centre. Least transportation cost Resources Factory

28. Isodapanes Isodapanes represent points of equal transportation cost including assembling cost of materials and distribution cost of finished product.

29. Critical Isodapane It is a point where Transportation cost = Labour cost i.e. where both labour cost and transportation cost are minimum as compared to their total cost any where else.

30. A point where both the costs are minimum Optimum place for a factory resource labour

31. Labour costs depends upon:-

34. To measure the attracting power of labour, Weber gave the following formula:- Labour Coefficient=labour cost index/ locational weight Higher the labour coefficient , greater is the tendency for a plant to be located near the centre of cheap labour supply.

38. Index of manufacture Index of manufacture = total manufacturing cost/locational weight

39. Critical appraisal of Weber’s theory

44. Conclusion

45. The end all feedbacks are welcome (specially the critical ones)