Wednesday, October 30, 2013

VSIP Reflection

1. What are factors influencing industrial location? Why do companies move?
Some of the factors are the market and land in the area.Companies move because the market in the area is not good so they need to move
2. What is Singapore’s role in the VSIP? How does Singapore benefit from her involvement
It helps both country in trading and help the growth of the city and the VSIP provides land so the other country company can also put their factories there .
3. What influences the social economic development of a country?
Corruption will make it hard for people to invest and do business with you so the the development of the country will be hindered.Education will make more better jobs for the younger generation and will make the country a better place.

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