Weber's Theory of Industrial Location (Least Cost theory) - Simplest Explanation

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  • Опубликовано: 12 ноя 2024

Комментарии • 92

  • @dasdhiraj99
    @dasdhiraj99 9 месяцев назад +3

    आपका धन्यवाद (Thankyou)❤ from India

    • @MisterSimplify
      @MisterSimplify  9 месяцев назад +2

      You're welcome! All the best and lots of love to you and your loved ones! 🙂👍

  • @janwilcox1451
    @janwilcox1451 4 года назад +17

    Just what I want for my students that are new to location theory. Thank you.

  • @emmanuelarthur8088
    @emmanuelarthur8088 2 года назад +9

    I have read pages of this theory but you made it simple in less than 10 mins video, that is awesome

    • @MisterSimplify
      @MisterSimplify  2 года назад +2

      That's great Emmanuel. This was exactly my intent when I came up with this tutorial! 😊

  • @nidhisrivastava114
    @nidhisrivastava114 3 года назад +10

    Wow. This was such a helpful video. You really did simplified it. Thank you so much for this lecture 🙏

    • @MisterSimplify
      @MisterSimplify  3 года назад +1

      You're welcome Nidhi. Glad you liked it. Please take a look at other topics covered here, and share this content with friends and family! Take care! :)

  • @angelemmanuelkamara1754
    @angelemmanuelkamara1754 4 года назад +7

    Thank you so much this is exactly what i was looking for.
    Agglomeration was actually my problem

    • @MisterSimplify
      @MisterSimplify  4 года назад +2

      That's great! It's always great to know that a video so freshly uploaded was helpful to you already. Cheers! :)

  • @pclaltlanliani6243
    @pclaltlanliani6243 2 месяца назад

    Thank you so much for making the theory easy to understand.

    • @MisterSimplify
      @MisterSimplify  2 месяца назад

      You're welcome buddy! Glad it helped you! 🙂👍

  • @tapiwamhlanga8730
    @tapiwamhlanga8730 2 года назад +1

    This tutorial has helped me a lot to the extent that I'm now more than ready for the exam

    • @MisterSimplify
      @MisterSimplify  2 года назад +1

      Fantastic! I hope you rocked your exam! Take care! 🙂

  • @ambikayadav495
    @ambikayadav495 3 года назад +4

    Excellent explanation, perfect speed! May you achieve all that you wish for in life. 😇

    • @MisterSimplify
      @MisterSimplify  3 года назад +2

      Hi Ambika. Thank you for your kind words. I wish you the same! Keep up the support, and take care of yourself! :)

  • @sanjibanghosh2952
    @sanjibanghosh2952 Год назад

    Thanks man it really helped a lot... commenting the night before the final semester exam😅

    • @MisterSimplify
      @MisterSimplify  Год назад +1

      You're most welcome! Hope the exam went well! 👍🙂

  • @samtayem5168
    @samtayem5168 2 года назад

    Very useful vedeo.sir you simplyfied the theory so easy

    • @MisterSimplify
      @MisterSimplify  2 года назад

      That's great! Exactly what I wanted! ☺

  • @srivatsavabejjanki8926
    @srivatsavabejjanki8926 3 года назад +1

    This video really helped me alot. Thank you is very small word to say. Lots of love to you ❤❤❤❤❤

    • @MisterSimplify
      @MisterSimplify  3 года назад

      Hi Srivatsava. You're most welcome. And thank you for your love and support! All the best! :)

  • @nayvemmy
    @nayvemmy 3 года назад

    Waw thank you so much.. be blessed sir..this was very helpful.. I can now gladly sit for my exams..

    • @MisterSimplify
      @MisterSimplify  3 года назад

      All the very best Emily! Thank you for your wishes and support! :)

  • @ahilyapandey5635
    @ahilyapandey5635 3 года назад +1

    That was really simple...u really justified your channel name ❤️....👍

    • @MisterSimplify
      @MisterSimplify  3 года назад +1

      Thank you for the encouragement and support Ahilya! :)

  • @kanupriyatripathi3602
    @kanupriyatripathi3602 Год назад

    The best explanation ever! ❤

  • @ankey_99
    @ankey_99 4 года назад +2

    This video helped me alot!Thank you! :)

  • @kunjbiharibudania4866
    @kunjbiharibudania4866 2 года назад

    Excellent video thank you👍

  • @daniairshad7362
    @daniairshad7362 4 года назад

    Best explanation i had in my exm tym so grateful to have this video

  • @alondrahanthorn1154
    @alondrahanthorn1154 Год назад

    This was so helpful, thank you!

    • @MisterSimplify
      @MisterSimplify  Год назад

      You're welcome buddy! Please keep supporting! 🙂

  • @Shridatri_hait_
    @Shridatri_hait_ Год назад

    Wow.. Really simplified

  • @musicrelaxationofficial4590
    @musicrelaxationofficial4590 Год назад

    Super and simple thankyou

  • @alvinorizki3201
    @alvinorizki3201 4 года назад +1

    Thank you sir, really helpful

  • @gayatrisingh1997
    @gayatrisingh1997 3 года назад +3

    I will definitely clear my exam now...hehehe thank you so much for such an easy explanation ❤️❤️

  • @shivendrasingh6926
    @shivendrasingh6926 2 года назад

    Thank for simplifying thi for us

    • @MisterSimplify
      @MisterSimplify  2 года назад

      You're most welcome buddy! Glad I could help! 🙂👍

  • @aaditya9714
    @aaditya9714 2 года назад

    Great... Actually simplified... 👌👍

  • @bubblegumpop715
    @bubblegumpop715 3 года назад

    Thank you so much for this.

  • @subiram2188
    @subiram2188 3 года назад

    Thankyou very much sir,, nice explanation and Very useful content

  • @Anopenworldforall
    @Anopenworldforall 3 месяца назад +1

    Nice teaching 😁

  • @EdvardBennet
    @EdvardBennet 5 месяцев назад

    excellent video

  • @burhanbhat9327
    @burhanbhat9327 4 года назад

    It was very nice nd best explanation ever

  • @osamahashmi4504
    @osamahashmi4504 Год назад

    Good explanation

  • @nataliadolinska551
    @nataliadolinska551 4 года назад +1

    I love you, the best explanation ❤️

    • @MisterSimplify
      @MisterSimplify  4 года назад +1

      Thank you! :)
      Please feel free to recommend topics you want covered here.

  • @sachin.14
    @sachin.14 3 года назад

    Very well explained sir🤘❤️

  • @oasis8326
    @oasis8326 9 месяцев назад

    Helpful

  • @shafaqishaq7817
    @shafaqishaq7817 3 года назад

    Helpful Thank You

  • @kwadwoboateng1175
    @kwadwoboateng1175 4 года назад

    Thank you too...really helpful

  • @laramariakuppel
    @laramariakuppel 4 года назад

    super helpful thanks!

  • @rajputsarita57
    @rajputsarita57 3 года назад

    Thankyou sir

  • @vaibhavman
    @vaibhavman 4 года назад

    Thanks

  • @qoq5417
    @qoq5417 4 года назад

    Thank you

  • @kumaranmohan5024
    @kumaranmohan5024 4 года назад

    Wow simple

  • @missoankha3318
    @missoankha3318 4 года назад

    Thank you sir

  • @ImranAli-hv3qk
    @ImranAli-hv3qk 3 года назад +1

    Plz upload video on Sargent theory of location also

    • @MisterSimplify
      @MisterSimplify  3 года назад +1

      Hi Imran. Your recommendation has been added to the pipeline. Pls stay tuned to the channel. Your encouragement will be appreciated! :)

    • @ImranAli-hv3qk
      @ImranAli-hv3qk 3 года назад +1

      Ok

    • @MisterSimplify
      @MisterSimplify  3 года назад +1

      @@ImranAli-hv3qk Hi Imran. Sargant's theory of location has been produced as per your request. Hope this helps! 😊
      ruclips.net/video/SGSSl5M97hk/видео.html

    • @ImranAli-hv3qk
      @ImranAli-hv3qk 3 года назад +1

      @@MisterSimplify thank you very much

  • @mariah20047
    @mariah20047 3 года назад +1

    what's the background song?

    • @MisterSimplify
      @MisterSimplify  3 года назад

      Hi Mariah. It's just some soothing piano music to fill in the voids I leave in my speech and to aid learning. Glad you liked it! :)

    • @mariah20047
      @mariah20047 3 года назад +1

      @@MisterSimplify thanks, i was tryna sample it thats why i asked thanks tho

  • @thelawsofsuccess1570
    @thelawsofsuccess1570 3 года назад

    tysm 💟💟💟

  • @shevaprito
    @shevaprito Год назад

    Kinda confused with the example 2. Beer ia bulk gain product because it need to be bottled. Why we dont count the bottle weight as a raw material?
    Like, didnt all production is reducing the weight because of all that process.

    • @MisterSimplify
      @MisterSimplify  11 месяцев назад +1

      Hello! If you go through the example again, you'll notice that we're only considering 2 raw materials out of many possible raw materials for ease of explaining Weber's model here. So you're right. There will be other raw materials. But we're only considering water and grain and raw material, and a completed, bottle of beer as a finished product for simplicity. In a real-world situation, there will be various other considerations, and transporting commodities is also easier in general now, than in Weber's time. So the location of the factory in modern times will be based on many other factors.

  • @sandeshsandesh1692
    @sandeshsandesh1692 4 года назад

    Tq.sir

  • @marjoriecabanilla359
    @marjoriecabanilla359 2 года назад

    Can you give us also explanations
    About theory of conversion agriculture land and industrial land? Thank you for answering my request God bless.

    • @MisterSimplify
      @MisterSimplify  2 года назад +1

      Hi Marjorie. I will try to incorporate your request to my pipeline. It might take a bit of time to come up with it. But I will try my best! 🙂

    • @marjoriecabanilla359
      @marjoriecabanilla359 2 года назад

      @@MisterSimplify thank you sir because that's my homework in school i wanted to know it sir thank you again God bless 😇

    • @MisterSimplify
      @MisterSimplify  2 года назад +1

      @@marjoriecabanilla359 You're most welcome Marjorie! I wish you all the best for your studies. Hope some other existing videos here also help you out in other modules. Take care! ☺

  • @rashikachouhan3259
    @rashikachouhan3259 4 года назад +1

    Please share the source of this information.

    • @MisterSimplify
      @MisterSimplify  4 года назад +1

      Hello. Please see below:
      Weber, Alfred. Theory of the Location of Industries. Chicago: The University of Chicago Press, 1929.

  • @Rishav020
    @Rishav020 3 года назад +1

    ❤️❤️

  • @abidinemubarak962
    @abidinemubarak962 2 года назад +1

    🤝🤝

  • @andrenoviansyah1023
    @andrenoviansyah1023 3 года назад +1

    Ga bisa bahasa enggres

  • @lakshmipriya4836
    @lakshmipriya4836 4 года назад

    Thank you