1 Recognise the command terms


Why have industries located there



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Case Study - All Combined Studies

Why have industries located there

1. Relatively low labour costs – average wage for person in the UK is 1300 Euros whereas in Slovakia it is 780 Euros.
2. Low taxes for companies - Slovakia has a flat tax rate of 19% for everyone on the company (individuals and companies) which is much lower than the rest of Europe.
3. A highly skilled labour force – Slovakia used to have its own heavy industries so it has a large amount of already skilled workers.
4. Strong work ethic – Slovakia is the poorest country in the EU (but still an MEDC) and its population has a strong work ethic as they are working hard towards having abetter standard of living. This means that there are high levels of productivity.
5. Low transport costs – Slovakia is located to its European markets so the transport costs are lower.
6. Stable country politically

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