How
can industry be classified?
There
are four types of industry. These are primary, secondary,
tertiary and quaternary.
Primary
industry involves getting raw materials e.g. mining, farming
and fishing.
Secondary
industry involves manufacturing e.g. making cars and steel.
Tertiary
industries provide a service e.g. teaching and nursing.
Quaternary
industry involves research and development industries e.g.
IT.
Industrial
Systems
Factories
have inputs, processes and outputs. Inputs can be the raw
materials need to make something. Inputs can also be labour,
buildings, capital and machinery. Processes are the things
which go on within the factory. This is usually the manufacturing
of goods. It can also be design and research - anything
needed to make something. Outputs are the things which leave
the factory. This can include the finished product, profit
or even waste.
What
affects the location of industry?
There
are many factors which affect the location of industry.
These include raw materials, labour supply, markets, transport
and Government Policy.
Multinational
Companies
MNCs
or Multinational companies are large companies which are
located in more than one country. Examples include Coca
Cola and Nike.
