Industry -

Industry Types -

  1. Manufacturing - produces goods that are finished products from raw materials
  2. Processing - raw material to finished product
  3. Assembly - putting together individual components to get final product
  4. High Tech Industry - tech and software advancements

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Inputs basic items needed to begin the process

Processes activities that take place to make a finished product (goods)

Outputs finished products, by-products, products for continued manufacturing elsewhere and waste

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Physical Human and Economic Factors
Raw materials - Heavy materials will locate themselves as close to the raw mats as possible Capital - some areas naturally attract inward investment as a result of higher returns
Site - Availability and land-cost is important [for expansion] Markets - if there is a greater demand then better
Climate - Can increase quality of life, and some industries may benefit [aerospace] Government - incentives, taxes etc.
Energy - cheap energy lowers costs Transport - cost of transport is important
Natural Route ways - cheaper transport Communications - market communication is vital for success
Water Supplies - needed for manufacturing Labour - cheaper and better labour attracts