GEOG 216 Reading four Flashcards
mapping the world economy
1
Q
Name the structure of economies and location factors
A
- Primary activities:
- Secondary:
- Tertiary:
- Quaternary:
2
Q
what are Primary activities
A
concerned with natural resources
3
Q
what are the secondary activities
A
processing/transformation of raw resources
4
Q
what are the tertiary activities
A
sale and exchange of goods and services
5
Q
what are the quaternary activities
A
handling and processing of knowledge
6
Q
What are the traditional location factors
A
- Access to inputs (raw materials, energy)
- Availability of labour (numbers, skills)
- Processing costs (land, labour, capital)
- Distance to market (depends on product)
- Transport costs (often associated to previous)
- Behavioural considerations (associated to decision makers)
7
Q
what are the new location factors
A
- Lack of “inhibiting” industrial tradition
- Pleasant environment
- Availability of skilled scientists
- Availability of venture capital (risk taking)
- Presence of science-based universities
- A well-developed transport infrastructure (including international connections)
8
Q
World’s major industrial regions
A
: Europe, North America, East Asia, The four tigers (Hong Kong, South Korea, Taiwan and Singapore)
