Economic Flashcards

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1
Q

Primary industry

A

natural recources, e.g farmer

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2
Q

Secondary industry

A

natural recources into goods

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3
Q

Tertiary industery

A

service for people, e.g teacher

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4
Q

Quaternary industry

A

ICT

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5
Q

HICS example

A

Britain, USA

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6
Q

LICS example

A

Chad

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7
Q

NICS example

A

Thailand

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8
Q

BRICS

A

South Africa

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9
Q

why did toyota pick Bunraston

A

Flat land
Skilled Workers nearby
England is second language
Good connections with Europe

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10
Q

Location factors to take in mind when starting somewhere

A
  • raw materials
  • power
  • labour
    *market
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