2 GEOGRAPHY secondary economic activities

What are secondary economic activities?

Activities that involve taking raw materials and turning them into either producer products or finished products, typically occurring in factories or industries.

What are the main components of an industrial system?

Inputs, processes, outputs, including producer products, finished products, and waste.

What is the difference between a producer product and a finished product?

A producer product is used by other industries to create a finished product, while a finished product is ready for consumer use.

What characterizes heavy industry?

It uses bulky and heavy raw materials to produce bulky products, such as steel manufacture and shipbuilding.

What characterizes light industry?

It uses small and easily transported raw materials to produce finished products, such as clothing, computer software, and health products.

What is a footloose industry?

Industries that can locate anywhere and are not tied to a specific location, commonly found in modern light industries.

What is a multi-national corporation (MNC)?

A corporation that has several factories around the world and may have branch plants in many different countries, such as Apple and Vodafone.