Alfred Weber

Alfred Weber was a German economist and sociologist best known for his contributions to industrial location theory in the early 20th century. In his influential work, "The Theory of the Location of Industries," published in 1909, he analyzed how businesses choose locations based on factors like transportation costs, labor availability, and market proximity. Weber introduced the concept of the "least cost" location, which aims to minimize transportation and production costs. His ideas have significantly impacted urban planning, geography, and economic development, helping us understand why industries cluster in certain areas.