economic activity

Question 1

physical factors of economic activity

Answer 1

Raw materials
Site
Energy supplies
Water supply
Natural harbours and route centres

Question 2

Human & Economic Factors of economic activity

Answer 2

Capital
Labour
Transport
Market
Political influence
Quality of life

Question 3

physical factors that affects location

Answer 3

• the proximity, availability of raw materials
  eg, bulky material has to be close to an iron ore or coal mine bc transportation is expensive
• the site
  the area of land available. For heavy industry, flat, solid land with a lot of space is required.

Question 4

human factors

Answer 4

capital – start-up costs of industry may come from other businesses, banks… investment and political factors.

labour – size of the labour force is important. quality and skill level education is important, ability to adapt new locations, new skills, few restrictive employment laws (countries).

transport – cargo, ships, costs, easy since their ease with transport systems.

market – most important, close to consumers, and no transport, large populations.

Political influence – providing financial incentives to companies to locate in particular areas. The tax system, employment restriction laws.

quality of life – highly skilled workforce that prefers pleasant areas with good housing and leisure facilities. happy worker, work efficiently

Question 5

Reasons for Changes in No. of People Employed in Sectors

Answer 5

Reduction in amounts of raw materials available, meaning less people are employed in that industry, and improvement in technology leads to a decline in primary sector.
Globalisation → since Industrial Revolution, the economies of the world have become increasingly interconnected. Many emerging countries, it’s cheaper to manufacture goods (cheap labour, transportation improvements, lots of raw materials), container cargo ships.
Globalisation allows countries to specialise in their advantage, so eg. tourism employment sector increases.
Govt policy – Agriculture technology increases in the quaternary sector.
(1) Resources
(2) Globalisation / improvement of telecommunications
(3) New technology
(4) Demographic change – aging population, nursing homes
(5) Government policies