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| Weber's Least Cost Theory |
| Part of general location theory, pioneered by Prussian landlord Johann von Thünen (1783–1850) and later by German economist and sociologist Alfred Weber (1868–1958); this posits that agriculture and industry locate their activities as close to their markets as possible, thereby achieving the least cost of transport for the goods they produce. |
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Sserrano |
Latest page update: made by Sserrano
, Feb 15 2011, 9:27 AM EST
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