What are the components of Weber theory of industrial location?

Weber's theory of industrial location, known as the least-cost theory, identifies three main components: transportation costs, labor costs, and agglomeration economies. He posited that industries will locate where transportation costs are minimized, taking into account the weight and bulk of raw materials and finished goods. Additionally, the availability and cost of labor influence site selection, while agglomeration can reduce costs through shared services and infrastructure. Ultimately, the optimal location is where these factors are balanced to achieve the lowest overall production costs.