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secondary economic activities, if you have to setup an industry where will…
secondary economic activities
processing raw materials into products,
wheat into cereal, coal into fuel, cocoa into chocolates, marble into countertops.
location of industries
transport facilities
marketing
raw materials
government policies
capital/investment
services /infrastructure
the number industries/ the level of industrialization decide if a country is developed or not
highly industrialized- developed
less industry-low development
three step procedure, input-processing-output
Input: raw materials
processing :
output: new products
car manufacturing industry
input: steel, glass, rubber, plastic, foam, fabric, leather
welding, testing, fixing,
output: car, money, wages, economy will boost
Milk industry
pasteurization, packaging,
processed milk, butter, cheese, cream, icecream, money,
inputs: milk, electricity, fuel, labor, capital
Q/A
Q1: What are the secondary economic activities?
Q2: what is the importance of Secondary economic activities?
makes life easier
boost economy , plenty of new products, jobs,
Q3: Which factors should an investor consider before setting up an industry?
if you have to setup an industry where will you set it up. (weaving factory)
near the source
near the market
near port, airport, roads
industrial zone
primary - raw materials
secondary activities - products