Define Industry
Economic activity concerned with the processing of raw materials and manufacture of goods in factories
Formal sector
Quaternary employment
- mainly research /developments
Primary employment
Define secondary employments
Making products from combining raw materials
Tertiary employment
Sales or provide a service to people
Informal sector
- doesn’t receive benefits such as a pension or health insurance
Factors influencing industrial location(human)
Factors influencing industrial location(physical)
What are associated with inputs?
Capital: money, property or goods
Labor: workers
Raw materials: unprocessed gooss
What are associated with processes?
Assembly
Maintenance
packaging
Transport
What are associated with outputs?
Product
Profit