Secondary Economic Activities Flashcards
Resource materials
Things the factory needs to make products.
Markets
Close to where you will sell your goods and to customers who will buy them.
Transport
Close to roads,railways,ports and airports
Labour
The work force.
Services
Electricity,broadband,water,sewage treatment,telephone lines.
Capital
The money a company needs to set up. May require investment from the bank.
Government/EU policy
Incentives given to companies to locate in Ireland.free trade in the EU.
Preference of locals/owners
An area where the owner is from/where they like, however locals may not want traffic,noise,visual and air pollution in the area.
8 factors of location
Resource materials,markets,transport,labour,service,capital,preference of locals, government and eu policy.