industry Flashcards
features of industrial systems
- inputs: things that go into the system (raw materials)
- processes
- outputs: manufactured products
what are the types of industry
- manufacturing
- processing
- assembly
- high tech
what is manufacturing industry
engage in the transformation of goods, materials or substances into new products
what is processing industry
the primary production processes are either continuous, or occur on a batch of materials that is indistinguishable
what is assembly industry
a sequence of machines, tools, operations, workers etc. in a factory, arranged so that at each stage a further process is carried out
what is high technology industry
an industry using or involving advanced methods and the most modern equipment
physical factors affecting location of factories
- distance from raw materials
- site (land where factory is built)
- energy sources
- water supply
- natural transport routes
human factors affecting location of factories
- transport networks
- capital
- labor supply
- markets
- government policies
- quality of life
- technology available
- research and development capacity
what are sunset industries
industries now in decline and large numbers of jobs have been lost a companies have closed down or reduced their output
what are sunrise industries
growth industries with modern factories and high R&D capacity using high tech equipment
factors affecting location of high-tech industries (creation of science parks)
- links with universities
- capital
- airport or port connections
- fast and reliable internet
- pleasant environment
