Economic Activities

Bali, Indonesia

Oil Drilling in the Middle East

The mooring system consists of eight, 12-foot diameter by 60-foot long suction anchors embedded in the seafloor and attached to 10,000 feet of 3 ¾” wire rope

Economic Geography: Economic Geography: the study of people’s livelihoods, how livelihood systems vary, & how they are interrelated to the environment & other people

TYPES OF ECONOMIC LIVELIHOOD

A. Categories of Economic Activity 1. Harvest or extraction 2. “Value added” industries 3. “Service-sector” industries 4. “White-collar” information services 5. High-level decision making

Human Economic Activities Primary industry—those involved in extracting natural resources from the Earth. Secondary industry—processing stage, commonly called manufacturing, processing, or construction. Other three types all involve services of some sort, rather than the extraction or production of commodities. Tertiary: retail, wholesale, or personal/professional services Quaternary: information, research, management Quinary: executive decision makers

B. Locational Factors for Economic Activities 1. Primary Economic Activities: -- must be located close to the resource

Primary Economic Activity: Nga Trang, Vietnam Fishing is an extractive activity: taking a natural resource from the Earth.

Primary Activities: I.Subsistence Agriculture: for survival II.Commercial Agriculture: for profit –Extensive Agriculture Shifting Cultivation and Nomadic Herding –Intensive Agriculture –The Green Revolution –Urban Subsistence Farming III. Resource Exploitation: fishing, forestry, mining

2. Secondary Economic Activities Needs to be accessible to: - the resource - an energy source - a labor force - a market Takes a primary product and changes it into something else

Why is Detroit located where it is?

3. Tertiary Economic Activities -- proximity to the market the most important locational factor for tertiary activities Service industry that connects producers to consumers

4. Quaternary Economic Activities -- access to telecommunications infrastructure & highly-skilled work force most important **Information or the exchange of money or goods**

5. Quinary Economic Activities -- locationally tend to cluster Research Triangle Park, NC **Research and higher education**