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Chapter 25
Secondary Economic Activity
Question | Answer |
---|---|
What is Primary Economic activity | Those in which people get natural resources from the land or sea, e.g. farming. |
What is Secondary economic activity | Those in which people process or manufacture products, e.g. car manufacturing. |
What is Tertiary Economic activity | Those that provide useful services for people, e.g. driving taxis. |
What are Secondary Economic Activities? | Secondary economic activities refer to the making or manufacturing of products, often in factories. |
What is a system | Input-Process-system |
What is an input | These are the things that we need to put in at the start. |
What is a process | These are the things we do to the inputs to turn them into semi-finished or finished products. |
What is an output | These are the things we have at the end. They can be semi-finished products which go on to form inputs again, for example, a plank of wood. |
Give some examples of a systems in Stryker and Irish cement | Labour-Moulding Implants-Orthopedic Implants Limestone-Crushing The Stone-Cement Metal-Testing For Quality-Hips/Knees |
What is the function of Secondary Economic Activities | To bring together the raw materials and resources needed to make a new product. These activities add value to the raw material by changing their form or combine different components to make them useful and more valuable products. |
What are the 4 types of industry | Heavy Industry Light Industry Footloose industry Multinational Corporation (MNC) |
Explain What a Heavy Industry is | Heavy Industry: The manufacturing of large, heavy articles and materials in bulk. |
Explain What a Light Industry is | The manufacturing of small or light articles and materials in bulk. |
Explain What a Footloose Industry is | This type of Industry isn't tied to one location, Footloose industries can set up successfully in a wide variety of places, They are usually light industries as their resources are light and easy to transport |
Explain What a Multinational Corporation (MNC) Industry is | This type of industry may have its headquarters in one country but be present in many countries |
Where does Banagher Precast Concrete Get it's raw Material | Banagher Concrete is located 2.4 km away from Lusmagh Quarry. This limestone quarry provides 80% of Banagher Concrete’s resource materials, such as sand and gravel. |
Where does Banagher Precast Concrete Get it's Labour/workers | Banagher Concrete currently employs approximately 200 people. The workforce is supplied by the town of Banagher, which has a population of 1,700 people. The nearby towns of Birr, Kilcormac and Tullamore provide other sources of workforce. |
How does Banagher Precast Concrete Transport stuff | Banagher Concrete built a road to bypass the town. The factory is located thirty minutes from the M6 motorway. Banagher Precast Concrete can transport their product to Dublin Port within two hours. |
What is Banagher Precast Concrete's Finished Product | Banagher Concrete’s main product is precast concrete. This means they can shape concrete into many different forms to meet the needs of their market. Their concrete is used in the production of bridge beams car parks, tunnel segments and stadiums. |
What is Banagher Precast Concrete's Market | Banagher Concrete has markets throughout the world. For example, Banagher Concrete has provided precast concrete for the construction of London’s shipping port. |
Where is Bangher Precast Concrete Situated | Queen Street, Banagher, Co. Offaly. |
What 9 Factors play a part in a company deciding the Location of their factory/Industry | -Raw Material -Transport -Services -Labour -Market -Linkages -Capital -Government & EU Policy -Personal Preference |
What is Raw Material | The type of raw (resource) materials used by the factory will help decide on its location. |
Why Is Transport important when deciding location | A factory needs to be able to get raw materials in from suppliers and finished products out to market. |
Why are Services important when deciding location | Factories need services such as water, waste disposal, electricity, Wi-Fi and broadband in order to do business. |
Why Is Labour important when deciding location | Factories will locate near towns and cities, as these places will provide the workforce. They may need skilled or unskilled workers. |
Why is Market important when deciding location | Depending on the product, the factory may or may not choose to locate near its target market. |
Why are Linkages Important when deciding Location | If a factory relies on another company’s products, it may locate factories nearby (to link up) to reduce transport time and costs. |
Why Is Capital Important when deciding Location | A company needs capital to cover costs, such as building a factory, transport costs, buying raw material and workers’ pay. |
Why Is Government & EU Policy Important when deciding location | The Irish government has a number of agencies that help Irish companies by giving them loans or grants. |
Why is Personal Preference important when deciding location | A person setting up a new business or building a new factory may wish to do so where they live or in a location they prefer. |
What is an Industrial Estate | An Industrial Estate is an area of land developed as a site for a number of factories and businesses. It may include existing buildings ready for industries to move in to and use |
Why might an industry Change Location | a change in the size of the industry a change in demand for the product a change in the function of the company |