Economic Development - Industry Flashcards
What are the 4 types of industry?
Primary - raw materials
Secondary - manufacturing
Tertiary - providing a service
Quaternary - high technology, researches
What is the main industry LEDCs work in?
Primary - they don’t have the money for the technology or education
What is the main industry NICs work in?
Secondary - as infrastructure develops, businesses move their factories to LEDCs where labour is cheaper, they have more money for factories and training
What is the main industry MEDCs work in?
Tertiary - high demand for the services, they have enough money for the education and technology
Quaternary - highly skilled people and enough money for the technology
What environmental factors affect the location of primary industry?
Lots of raw materials
Suitable climate
Good quality soil
What are the economic factors of location of the primary industry?
Cheap land
Good transport routes
What environmental factors affect the location of the secondary industry?
Close to raw materials
Lots of flat land to build on
Local water supply
What are the economic factors that affect the location of the secondary industry?
Suitable local market
Government grants
Lots of workers available
Good transport routes
What are the environmental factors of location of the tertiary industry?
Green open spaces - people want to work in pleasant areas
What are the economic factors that affect the location of industry of the tertiary industry?
Enough people that will use the services
Good transport routes
Skilled workers nearby
What are the environmental factors that affect the location of the quaternary industry?
Green open spaces - people want to work in pleasant places
What are the economic factors that affect the location of the quaternary industry?
Near similar businesses - info/ideas can be shared
Skilled educated workers
Nice quality housing - encourage the workers to live nearby
How does the location of the primary industry change over time?
Environmental - raw materials run out, climate change
Economic - lower costs make previously expensive areas cheaper
Social - transport routes, government policies change
How does the location of the secondary industry change over time?
Environmental - new energy sources
Economic - changing were the money is invested, encourage industry to locate to new areas
Social - good transport links, government policies change
How does the location of the tertiary industry change over time?
Environmental - people want to work in nice areas
Economic - changing where to invest money, encourages industry to locate to new areas
Social - good transport links, shopping patterns change e.g. out of town shopping centres
