How
can industry be classified?
There
are four types of industry. These are primary, secondary, tertiary
and quaternary.
Primary
industry involves getting raw materials e.g. mining, farming and
fishing.
Secondary
industry involves manufacturing e.g. making cars and steel.
Tertiary
industries provide a service e.g. teaching and nursing.
Quaternary
industry involves research and development industries e.g. IT.
Industrial
Systems
Factories
have inputs, processes and outputs. Inputs can be the raw materials
need to make something. Inputs can also be labour, buildings,
capital and machinery. Processes are the things which go on within
the factory. This is usually the manufacturing of goods. It can
also be design and research - anything needed to make something.
Outputs are the things which leave the factory. This can include
the finished product, profit or even waste.
What
affects the location of industry?
There
are many factors which affect the location of industry. These
include raw materials, labour supply, markets, transport and Government
Policy.
Multinational
Companies
MNCs
or Multinational companies are large companies which are located
in more than one country. Examples include Coca Cola and Nike.
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