Silicon Valley - Economy and Industry Flashcards

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1
Q

What is the size of Silicon Valley

A

1800 miles squared

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2
Q

Where is it

A

South of San Fransisco Bay

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3
Q

Second highest concentration of………. ……….. in the US

A

Wealthy People

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4
Q

How many people in Silicon Valley

A

2.6 million

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5
Q

How has capital influenced the location of high tech industries there

A

Large amounts needed because top level workers demand his salaries
HQ in MEDC’s
Manufacture in LEDC’s

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6
Q

How has labour influenced the location of high tech industries there

A

High skilled workers

Located near cities with universities and research institutes

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7
Q

How has transport influenced the location of high tech industries there

A

Rapid transport needed to get products to market before competitors

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8
Q

If it were a country it would rank…….on it’s economy

A

23rd

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9
Q

Why is the economy acceleration

A

Global markets are expanding

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10
Q

..x size of Greater London

A

3

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11
Q

Why is it located where it is

A

Highly qualified workers

Good transport links - San Fransisco Airport)

Near to sea enabling easy distribution

Access to universities, providing research, workers and facilities.

Large available land

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12
Q

Give some impacts Silicon Valley has

A

Reducing carbon footprints
Rents are 227% higher than national average
Cultural diversity

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