Chapter 4

THE STRUCTURE OF MODERN INDUSTRY 88

1. Growing Size of the Business-Unit. 2. Relative Increase of Capital and Labour in the Business. 3. Increased Complexity and Integration of Business Structure. 4. Structure and Size of the Market for different Commodities. 5. Machinery a direct Agent in expanding Market Areas. 6. Expanded Time-area of the Market. 7. Interdependency of Markets. 8. Sympathetic and Antagonistic Relations between Trades. 9. National and Local Specialisation in Industry. 10. Influences determining Localisation of Industry under World-Competition. 11. Impossibility of Final Settlement of Industry. 12. Specialisation in Districts and Towns. 13. Specialisation within the Town.