footloose industry


An industry that is not tied to any particular location or country, and can relocate across national borders in response to changing economic conditions. Many manufacturing industries seem to have this characteristic.

Use footloose industry in a sentence

Sarah's company which manufactured tools is a footloose industry as she wanted the ability to easily respond to economic conditions.

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Textiles have completely taken advantage of its status as a Footloose Industry by leading an almost nomadic lifestyle and moving operations to cheaper labor.

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The company was constantly relocating and this practice of being a footloose industry was difficult for the employees that remained with the company as they were constantly travelling from one place to another based on the needs of the company.

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