5. Economy (transport and industry) Flashcards
Brown field site
an old industrial or inner-city site that is cleared for a new building development
Business park
a development of offices and industrial units
Containerisation
to transport goods in standard-sized, sealed containers
Distribution
the spread of places, people, or data
Exploit
using natural resources for economic purposes, often involving the extraction or utilization of these resources.
Greenfield Site
an area of land that has not been developed previously.
Globalisation
the ways in which companies, ideas, and lifestyles spread round the world and interact with one another.
HIC
high-income country
HS2
High Speed 2
LIC
low-income country
MIC
middle-income country
Multinational
including or involving several countries or individuals of several nationalities
NIC
newly-industralized country
Primary Industry
the gathering or extracting
of raw materials e.g. farming, fishing, mining
Quaternary Industry
hi-tech research and
development industries e.g. R&D into new products
such as phones, computers and medicines.
Raw materials
mineral and agricultural resources
Science Park
a development of high-tech industries often close to a university
Secondary Industry
manufactures (or makes)
products from these raw materials e.g. food
processing, making clothes, furniture.
Tertiary Industry
provides a service e.g. nurse,
doctor, teacher, cashier
Advantages and disadvantages of travelling by Road
+The speed of delivery is
high.
+Door-to-door service.
-Emissions of noise pollution and toxic materials.
-Possible traffic delays.