lunes, 15 de junio de 2015

Developed Nations versus Underdeveloped Nations

Developed countries are those which have a growing economy, and undeveloped are those which are poor and are not growing in value or are very slowly going up, i.e. Italy for Developed and Honduras for Undeveloped.

Economic development around the world

Factory location influences

Location, localization and planned location of industries are often felt to be synonymous. But, the distinction among these three terms is of immense importance. Entrepreneurs locate their enterprises where the cost of production comes, the lowest at the time of establishing industries. This is known as ‘location of industries’.
The concentration of a particular industry mainly in one area, as occurred with many industries in India, for example, textile industry in Mumbai is known as ‘localisation of industries’. ‘Planned location of industries’ is a term whereby the location of industries is planned to give each industrial area a variety of industries so that large industries are dispersed and not localised

Light Industry

Light industry is industry that is usually less capital intensive than heavy industry, and is more consumer-oriented than business-oriented (i.e., most light industry products are produced for end users rather than as intermediates for use by other industries). Light industry facilities typically have less environmental impact than those associated with heavy industry, and zoning laws are more likely to permit light industry near residential areas. It is the production of small consumer goods.
One economic definition states that light industry is a "manufacturing activity that uses moderate amounts of partially processed materials to produce items of relatively high value per unit weight".
Examples of light industries include the manufacturing of clothes, shoes, furniture, consumer electronics and home appliances. Conversely, industries such as ship building would fall under heavy industry.

Map of the main international political organizations

Map of the world domestic product

Map of the main tourist areas