Heavy industry: This type of industry makes heavy/bulky finished products from heavy/bulky raw materials, e.g. ship- building.
Manufacturing Industry
25 Key Words
Heavy industry Light industry
Multinational Corporation
Footloose industry
Light industry: This type of industry makes small,
lightweight finished products from small raw materials, e.g. the healthcare industry.
Multinational
Corporation (MNC): This type of industry may have its headquarters in one country but be present in many countries, e.g. Google (European headquarters in Dublin).
Footloose industry: This type of industry isn’t
tied to one location. Footloose industries can set up successfully in
a wide variety of places. They are usually light industries, as their resource materials are light and easy to transport. Most modern industries are footloose because:
Improved roads allow for better movement of industrial products over long distances.
Most people have cars, meaning most workers can commute to and from work.
Case Study: Heavy Industry – Banagher Precast Concrete
Managing information and thinking:
Examine this image of
Banagher Precast Concrete. What evidence can you see that this is a heavy industry?