Secondary Economic Activities: Industry In Ireland Flashcards
Raw materials
Inputs
Need to make factories near them
Market
Where companies sell their products
Factors that influence where the location of a factory will be
Raw materials
Transport facilities
Services
Person preferences
Markets
Labour force
Goverment policy
Language
Goverment policy
To encourage companies to set up in their country, the goverment might offer a grant or tax cut.
Deterrants (environmental laws and fines) that will influence the development of industry
Corporation tax
A tax companies pay on their profits
Incinerator
Burns waste
Positives of incinerator
Sustainable option compared to landfills
Can provide sustainable energy
More jobs
Negatives to incinerators
May be an easy option and other environmentally friendly options are then not explored
Carcinogenic from the fumes
Contributes to global warming with their smoke
Carcinogen
Cancer causing substance that can lead to people developing various types of cancer
Secondary economic activity
People processing or manufacturing products
Secondary economic activity example
Wheat being processed into flour
How are secondary economic activities shown?
By looking for warehouses or factory buildings on a map
Labour
By looking for warehouses or factory buildings on a map
What is capital?
The money required to set up a business
Transport types
Road, rail, air and sea