GES 2102

Begum Rokeya University, Rangpur

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Periodic Markets, Fairs and Alfred Weber’s Industrial Location Theory: A Precise Economic Geography Overview
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8

mei 2026

2024/2025
This document synthesizes three core areas of economic geography: periodic markets, fairs, and Alfred Weber’s Least Cost Theory of industrial location. It explains periodic markets as cyclical rural exchange nodes, fairs as periodic trade systems across rural and urban contexts, and Weber’s model as a cost-minimization framework based on transportation cost, labour cost, and agglomeration effects, supported by the location triangle and key locational indices. This study material is designed...
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