asked 157k views
1 vote
Italian and creek manufacturers have built factories in albania to take advantage of the

asked
User Loretta
by
8.3k points

1 Answer

4 votes

Answer:

low wages

Step-by-step explanation:

Albania was a country that had very low living standard, and while the situation has become better in the last couple of decades, the standard is still relatively low. Because the people were having low wages, the companies from Italy and Greece made numerous factories in Albania, with the prime motivation being the cheap labor force. The Italian and Greek manufacturers were able to make significantly higher profits because of the cheap labor force, as their expenses for their workers dropped significantly, while still getting the manufactured goods at the same quantity and quality.

answered
User Hidarikani
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7.1k points
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