The document discusses factors that influence where industries locate, including traditional factors like access to raw materials, power sources, labor, and transportation as well as more modern factors. Specifically, it notes that steel and textile industries traditionally developed near coal deposits since coal is bulky and transporting it long distances is difficult. It also explains that modern "footloose" industries are not tied to specific raw materials but still consider accessibility, available skilled workforce, environmental conditions, and local amenities when deciding where to locate.