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GCSE 3. Industry

Inputs Factors that go into a system
Processes The stages in a production of a good
Outputs Something which comes out of a system
Natural resources Any part of the natural environment which is useful to people
Primary industry An economic activity which involves the extraction or production of raw materials eg farming
Raw materials The natural substances needed by a business to make a product
Subsistence farming The type of farming where people rely on the food they grow for themselves
Manufacturing The production of goods on a large scale in FACTORIES
Secondary Industry An economic activity in which raw materials are processed and component parts are assembled to make finished products
Services Organistations or infrastructures which help the general public;can be personal such as tourism and health care or professional such as banking and lawyers
Tertiary industry An economic activity which generates wealth by providing a service to the public
Quaternary An economic activity which involves research and development of new products and technology
Capital Intensive Economic Activities with heavy investment in plant, machinery, energy inputs etc per unit area of per employee
Employment Structure How the workforce are divided between the four types of industry. In LEDCs, many people may be in the primary sector
Industrial REvolution A rapid development of industry the occured during the 18th and 19th centuries in Britain
Labour Intesive An economic activity which requires a lot of work to be done by people or by hand
De-Industrialisation The long and steep decline of a country's or a region's industrial base. (1960-80 in the UK)
Heavy Industry The traditional manufacture of large, heavy products such as steel or ships. Often associated with pollution and the growth of cities in the Industrial Revolution
Diversification A region will try to stop the concentration of jobs in a few indsutries and broaden jobs available
Re industrialisation The establishment of new industries into an area which has seen considerable decline of traditional industries
Labour Another term for the workforce, MEDCs tend to have more skilled employees
LOcational factors Aspects managers have to consider when locating a factory
Greenfield site Footloose industries prefer an attractive environment so opt for these newer sites
Accesibility Good sites have access to motorway junctions and airports
Footloose Industries Light or high tech industries which have freedom to choose where to locate as they use lighter raw materials
Communications Means of connection between people or places includes transport routes as well as media
Market The place where goods and services are sold. This will be larger in MEDCs
Energy The power used to provide heat and light and to work machines
Brownfield sites Traditional industry was in the Inner City; many of these derelict sites are now available for redevelopment - but this may be expensive
Government incentives The package offered by UK government or EU to attract businesses to deprived areas or 'Assisted areas' eg South Wales
Enterprise Zones A small area of the UK in which businesses can receive financial help from the government - usually on an 'Assisted area'
Industrial estate An area planned especially for industrial development with space and good transport links - eg. Sowton
Multiplier effect Growth in one business can help or regenerate growth in all aspects of a local economy. Governments aim for this with incentives. Also called 'Cumulative Causation'.
Created by: Rayrayy