Why would construction methods vary depending on geographical location?
By KB Briggs · 2019 · Cited by 11 — Nest construction is a key element of avian reproductive behaviour and the result is often a complex structure that is used for incubation
What are the economic factors affecting construction industry?
Economic factors such as economic cycles, labor market conditions, geographic location, type of construction, and government regulations can impact salaries in the construction industry.
How does construction spending affect the economy?
If construction spending is high, this implies economic growth as new infrastructure is being built – increasing the capacity of an economy.
How has globalization affected the construction industry?
Globalization allows companies a wider range of access in construction markets, which in turn allows for more direct competition. The largest contractors in the United States, for example, must compete alike against multi-billion dollar worldwide corporations based allover the world.
What is the relationship between construction and economics?
Construction is a major industry throughout the world accounting for a sizeable proportion of most countries' Gross Domestic Product (GDP) and Gross National Product (GNP). The importance of the construction sector is not only related to its size but also to its role in economic growth.