The movement of some industries from Europe to South East Asia in recent times is due mainly to?
Question 1 Report
The movement of some industries from Europe to South East Asia in recent times is due mainly to?
Answer Details
The movement of some industries from Europe to South East Asia in recent times is mainly due to lower production costs in South East Asia. This is because South East Asian countries have lower labour costs, which translate into lower production costs for businesses. Additionally, South East Asian countries may offer tax incentives or lower regulatory costs, which further reduce production costs. Therefore, companies can save money by moving their operations to South East Asia, where they can produce goods at a lower cost and increase profits.
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