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Examine the development of secondary economic activity in a Continental / Sub-Continental region (not in Europe) that you have studied, with reference to two of the ... show full transcript
Step 1
Answer
In a selected Continental/Sub-Continental region, the development of secondary economic activity is significantly influenced by markets. For example, in India, the rapid growth of the IT and software industry can be attributed to a large local market that supports ICT products and services. A robust domestic demand has encouraged both startups and established firms to invest heavily in expanding their operations, thus boosting secondary economic activity. This demand has also attracted foreign investment, further stimulating industrial growth.
Additionally, the packaging industry has flourished due to the growing consumer market, facilitating job creation and enhancing the economic landscape.
Step 2
Answer
Infrastructure plays a crucial role in the development of secondary economic activity. In China, extensive investments in infrastructure, including transportation networks like roads, railways, and ports, have been pivotal in transforming the manufacturing sector. For instance, the establishment of special economic zones (SEZs) with state-of-the-art facilities has attracted industries to set up their operations, ensuring efficient distribution and access to markets.
The presence of reliable utilities such as water and electricity has also enabled industries to thrive. Moreover, advancements in technology and logistics have facilitated smoother supply chain operations, further enhancing productivity within the secondary sector.
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