Industries/ Development Flashcards
HICs
High income country’s
NEE
Newly emerging economy
LIC
Low income country
GNI PER CAPITA
- gross national income
- wealth of a country divided by its population
- indicates country’s wealth in relation to its people
Primary industries
Extract raw materials directly from the earth/sea
Secondary industry
Process and manufacture products from raw materials
Tertiary industry
- Provide a service
- includes retail
Quaternary industry
- research and using data to advance the country
- development of technology
Why does industry change
- As a country becomes more developed, wealth increases and job sectors improve/change
- factors of the country will also change e.g death rates
How can farming affect development
-support = high rainfall means good crops
+good crops means good trade and wealth
-barrier = heavy monsoon rainfall
+flooding and damage to land >contamination/ destruction
How can location affect development
-support = coastline countries can trade globally
+HICs prices will be higher > better income
-barrier = landlocked countries’ trade is difficult
+fees for trade > lessening income and value
TNCs
- firms that invest in a country with factories for their company
- advance the country
- creates international connections
How can landscapes affect a country’s development
-support = flat relief will interest TNCs
+industry sectors will improve > increasing GNI
-barrier = high relief and infertile land
+unsuitable for cities and farming
+ will be difficult and less likely to develop
