Kayla Steen 2024
People And Economic Activity
❖ identify geographical methods applicable to and useful in the workplace such as...........................3
GLOBAL ECONOMIC ACTIVITY................................................................................................. 3
❖ a description of the nature, spatial patterns and future directions of ONE economic activity in a
global context. The economic activity selected can be from a wide range of activities such as wheat
farming, hydroponics, viticulture, textiles, tourism, advertising, retailing, wholesaling, information
technologies, financial and business services industries........................................................................... 3
❖ factors explaining the nature, spatial patterns and future directions of the selected economic
activity such as..............................................................................................................................................7
➢ Organisational: ownership, decision making and control-................................................................. 8
➢ biophysical: climate, soils, topography, site........................................................................................ 10
➢ Sociocultural: tradition, changing lifestyles, labour participation rates......................................... 14
➢ Technological: transportation, information transmission and flows, biotechnology......................15
➢ Ecological: sustainability and resource use........................................................................................ 17
➢ Economic: competitive advantage, consumer demand, mobility of labour and capital.................19
➢ Political: quotas, tariffs, compacts, agreements................................................................................. 19
* A lot of this information was taken from Atomi and my teacher
1
,Kayla Steen 2024
* Introduction *
❖ = Syllabus dot-point
Economic Activity
An activity carried on by humans, on a global scale, to produce goods or provide services for the
purpose of a financial return.
Economic Enterprise
An entity (business) producing goods or providing services at a particular location on a local
scale (in Australia) for the purpose of a financial return e.g. a farm, manufacturing company or
service provider.
Important Concepts
● Sectors (structure) of the economy
Primary - Harvesting resources from the biophysical environment.
Secondary - Manufacturing, adding value to assembling products
Tertiary - Services
Quaternary - Information technology, education
Quinary - Interpretation, analysis, and evaluation of data and ideas
● Globalisation
In an area of globalisation, many economic activities have a global dimension and are influenced
by economic forces operating at a global scale.
E.g.
➢ Global markets
➢ Increasing global competition
➢ Trade agreements
➢ Transport agreements
➢ Transport and communication technologies
➢ Takeovers and mergers
➢ Trade barriers
* A lot of this information was taken from Atomi and my teacher
2
, Kayla Steen 2024
These global forces affect the nature, spatial patterns and future of economic activities and
enterprises.
❖ identify geographical methods applicable to and useful in the workplace such as
Sustainability - Developing that meets the needs of the present without compromising the
ability of future generations to meet their own needs.
ESD - Using conserving and enhancing the community’s resources so that ecological processes,
on which life depends, are maintained, and the total quality of life, now and in the future, can be
increased.
Economic enterprises must ensure that in using the resources of ecosystems ecological processes
are maintained or that in carrying out their business they reduce their impact on the earth’s
ecological processes.
Ecological processes
- These are the processes that play an essential role in maintaining the integrity and
continuity of an ecosystem. Important ecological processes are water and nutrient
cycling, the flow of energy, and evolution by natural selection
- Many economic activities impact on ecosystem processes
- In the past many of these impacts were negative
- Today negative impacts are being reduced as enterprises develop ecologically appropriate
operations e.g. Worm Farms
* Viticulture and the Global Winemaking Industry *
GLOBAL ECONOMIC ACTIVITY
❖ a description of the nature, spatial patterns and future directions of ONE
economic activity in a global context. The economic activity selected can be from
a wide range of activities such as wheat farming, hydroponics, viticulture, textiles,
tourism, advertising, retailing, wholesaling, information technologies, financial
and business services industries
* A lot of this information was taken from Atomi and my teacher
3
People And Economic Activity
❖ identify geographical methods applicable to and useful in the workplace such as...........................3
GLOBAL ECONOMIC ACTIVITY................................................................................................. 3
❖ a description of the nature, spatial patterns and future directions of ONE economic activity in a
global context. The economic activity selected can be from a wide range of activities such as wheat
farming, hydroponics, viticulture, textiles, tourism, advertising, retailing, wholesaling, information
technologies, financial and business services industries........................................................................... 3
❖ factors explaining the nature, spatial patterns and future directions of the selected economic
activity such as..............................................................................................................................................7
➢ Organisational: ownership, decision making and control-................................................................. 8
➢ biophysical: climate, soils, topography, site........................................................................................ 10
➢ Sociocultural: tradition, changing lifestyles, labour participation rates......................................... 14
➢ Technological: transportation, information transmission and flows, biotechnology......................15
➢ Ecological: sustainability and resource use........................................................................................ 17
➢ Economic: competitive advantage, consumer demand, mobility of labour and capital.................19
➢ Political: quotas, tariffs, compacts, agreements................................................................................. 19
* A lot of this information was taken from Atomi and my teacher
1
,Kayla Steen 2024
* Introduction *
❖ = Syllabus dot-point
Economic Activity
An activity carried on by humans, on a global scale, to produce goods or provide services for the
purpose of a financial return.
Economic Enterprise
An entity (business) producing goods or providing services at a particular location on a local
scale (in Australia) for the purpose of a financial return e.g. a farm, manufacturing company or
service provider.
Important Concepts
● Sectors (structure) of the economy
Primary - Harvesting resources from the biophysical environment.
Secondary - Manufacturing, adding value to assembling products
Tertiary - Services
Quaternary - Information technology, education
Quinary - Interpretation, analysis, and evaluation of data and ideas
● Globalisation
In an area of globalisation, many economic activities have a global dimension and are influenced
by economic forces operating at a global scale.
E.g.
➢ Global markets
➢ Increasing global competition
➢ Trade agreements
➢ Transport agreements
➢ Transport and communication technologies
➢ Takeovers and mergers
➢ Trade barriers
* A lot of this information was taken from Atomi and my teacher
2
, Kayla Steen 2024
These global forces affect the nature, spatial patterns and future of economic activities and
enterprises.
❖ identify geographical methods applicable to and useful in the workplace such as
Sustainability - Developing that meets the needs of the present without compromising the
ability of future generations to meet their own needs.
ESD - Using conserving and enhancing the community’s resources so that ecological processes,
on which life depends, are maintained, and the total quality of life, now and in the future, can be
increased.
Economic enterprises must ensure that in using the resources of ecosystems ecological processes
are maintained or that in carrying out their business they reduce their impact on the earth’s
ecological processes.
Ecological processes
- These are the processes that play an essential role in maintaining the integrity and
continuity of an ecosystem. Important ecological processes are water and nutrient
cycling, the flow of energy, and evolution by natural selection
- Many economic activities impact on ecosystem processes
- In the past many of these impacts were negative
- Today negative impacts are being reduced as enterprises develop ecologically appropriate
operations e.g. Worm Farms
* Viticulture and the Global Winemaking Industry *
GLOBAL ECONOMIC ACTIVITY
❖ a description of the nature, spatial patterns and future directions of ONE
economic activity in a global context. The economic activity selected can be from
a wide range of activities such as wheat farming, hydroponics, viticulture, textiles,
tourism, advertising, retailing, wholesaling, information technologies, financial
and business services industries
* A lot of this information was taken from Atomi and my teacher
3
