Please enable JavaScript.
Coggle requires JavaScript to display documents.
INDUSTRY AND CONSTRUCTION (Construction (real state bubble (many buildings…
INDUSTRY AND CONSTRUCTION
Historical development of industry
second industrial revolution
1870 to 1970
based on energy cerived from oil and electricity
combustion engine
asembly line production
cities and new industrialised counties
industries
household appliance
iron and steel
automobile
chemical
information and automation revolution
21th century
information technology
electronics
nuclear energy, oil and renewable enrgy
biotecnology
areas with good transport links
internet
automation
telecommunications
first industrial revolution
end of 18th century to middle of 19th century
based on energy derived from coal
metal and textile industries
countries
UK
Frnace
USA
Germany
Construction
provides housing, transport links and other essential construction services for the inhabitants of a country
important economic engine
construction was only used to build houses and other buildings
now it has become diversified
large multinational construction companies build large buildings for many uses and transport links
they need big teams of architects and very costing financing
it has grown beyond the need of the population
real state bubble
many buildings at inflated prices that cannot be sold
it produces many crisis
Industrial activity
capital goods industries
second changes
provide products that suply tools to companies
consumer goods industries
prepare products to be sold
base industries
first changes to raw materials
provide half-finished products and energy
Industry location
traditional factors
proximity to
markets
ports and transport routes
raw materials
abundance of low-skilled labour
availability to capital
current factors
proximity to raw materials
high-skilled workers
abundance of cheap labour
presence of a global market
good communications
willingness of goverment to make things easier in terms of finance and location
accesibility to innovation
globalisation and modernisation have led to changes in location
Industrial relocation
abadone traditional industrial areas to look for a new location
Deindustrialisaion
abandone industrial areas ocuppied by the industrial activity or replace industries with others