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CH 23 Categories of Industry - Coggle Diagram
CH 23 Categories of Industry
FOP
1. Land
Rent
2. Labour
Wages
3. Capital
Interest
4. Enterprise
Profit/Loss
Sectors in the Economy
Primary Sector
Fishing, Farming, Forestry, Mining (3FM)
Trends in The Farming Industry
Changes in Consumer Demand
Job Vacancies
Free Trade
Modernisation
Challenges in the Farming Industry
Farm Loans
Reduce Greenhouse Gases
Brexit
Farm Accidents
Trends in the Fishing Industry
Growing Demand
Growth of New Business
Movement of Species
Traceability
Challenges of the Fishing Industry
Increased Regulation
Brexit
Price of Fuel
Aquaculture
Trends in the Forestry Industry
Government Incentives
Environmental Impact of Forestry
Increased Employment
Increased Investment
Challenges of the Forestry Industry
Disease
Brexit
Landowners
Forest Certification
Secondary Sector
Manufacturing, Construction, Agribusiness
Trends in the Manufacturing Industry
Highly Educated Employees
Increased Consumer Demand
Environmental Sustainability
Growth of Pharmaceutical Firms
Challenges in the Manufacturing Industry
Low-cost Economies
Job Losses
Investment in Infrastructure
Brexit
Trends in the Construction Sector
Graduates
Increased Disposable Income
Employment
Brexit
Challenges in the Construction Sector
Shortage of Housing
Access to Finance
Shortage of Skilled Employees
Protection of Migrant Workers
Trends in Agribusiness
New Products
Mergers and Acquisitions
Challenges in Agribusiness
Lower prices for Suppliers
Extreme Weather Conditions
Tertiary Sector
Services such as insurance, banking, tourism, education, health
Trends in the Tertiary Sector
Tourism
Growth of e-business
TNCs/MNCs
Increased Employment
Challenges in the Tertiary Sector
Consumer Loyalty
City Centre Locations
Access to Finance
Exploitation of Workers
Benefits of the Different Sectors
1. Employment
2. Government Revenue
3. Food
4. Exports
5. Raw Materials
Genetically modified organism (GMO)