Secondary economic activities

Cards (19)

  • Secondary economic activity
    This is the name given to manufacturing - the processing of raw materials into finished products
  • Manufacturing
    1. Raw materials (inputs) processed into finished products (outputs)
    2. Works according to a system
  • Types of industry
    • Light industry - Uses light raw materials and produces light, small and easily transported items
    • Heavy industry - Uses heavy raw materials and produces heavy, bulky items
  • Multinational corporations (MNCs)

    Businesses with factories in many countries around the world
  • Footloose industry
    An industry that is not tied to a particular location and can move easily
  • Apple
    • An electronics devices and service company
    • Example of a high-tech industry
  • Apple's headquarters are in California, USA but it has operations in many countries
  • Apple is located in Ireland to serve the EU common market and because of the availability of educated labour
  • Secondary economic activities
    • Activities that source and consume materials from primary economic activities
    • Function as a system to process raw materials into finished products
  • During each stage of manufacturing, waste or by-products are created
  • Waste products from manufacturing
    • Wood chips used for animal bedding or to soak up spills
    • Sawdust used to make compost
  • Factors influencing factory location
    • Type of raw materials used
    • Transport links
    • Access to services
    • Availability of labour
    • Proximity to target market
    • Linkages with other companies
    • Access to capital
  • Brownfield sites
    Land that was previously used for industrial purposes
  • Greenfield sites
    Undeveloped areas, typically agricultural land, that have not been used for industry before
  • Industrial Development Agency (IDA) Ireland
    • Government organisation that partners with foreign companies to secure new investment in Ireland
    • Offers funding and grants to companies considering setting up in Ireland
  • Enterprise Ireland
    • Government organisation responsible for supporting the development and growth of Irish companies
    • Provides a range of supports for start-ups and business expansion
  • Industries can change location over time due to factors like changes in demand or industry size
  • Kerry Group

    • Started as a small dairy company in Ireland and has grown into a global multinational
    • Expanded into dairy alternatives, chocolate drinks and food/beverage/pharmaceutical ingredients
  • Kerry Group opened a new facility in South Africa in 2022 to meet growing demand for dairy alternatives on the continent