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Levels of Economic Activity

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

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Levels of Economic Activity

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  1. Levels of Economic Activity

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

  3. Locational Factors for Primary Economic Activities --must be located close to the resource.

  4. Locational Factors for Secondary Economic Activities --needs to be accessible to the resource, a source of energy, the market, and an appropriate labor force.

  5. Why is Detroit located where it is?

  6. Locational Factors for Tertiary Economic Activities --Proximity to the market is the most important locational factor for tertiary activities.

  7. Locational Factors for Quaternary Economic Activities --Access to good telecommunications infrastructure and a suitable work force is important.

  8. Locational Factors for Quinary Economic Activities --Quinary economic activities tend to cluster. Research Triangle Park, NC

  9. The sectors of the economy are tied together by its infrastrcture

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