Sydney Flashcards
1
Q
How many businesses are located in Sydney?
A
450,000. Including top 500 Australian businesses.
2
Q
How is climate linked to business?
A
Business sets up in a place where the climate is good because this means that the workers will be willing to move there.
3
Q
Average wage in Sydney compared to London
A
Sydney: £70,000
London: £34,000
4
Q
What is cumulative causation?
A
When people work and a company attracts more people and therefore area gets richer which makes the area more wealthy which attracts more people which makes services improve also. This increases economic activity which makes the area even more wealthy.
5
Q
How far from Sydney are affordable homes built?
A
54 Kilometers
