4. LOCATION OF ECONOMIC ACTIVITY
4.1 LOCATION OF ECONOMIC ACTIVITY
:What do we mean by the term “Economic Activity” ? Well, it means the activitiesrelated to production, exchange and consumption of goods, services andinformation on the rotating earth and in universe. These activities take place inthe context of some geographical location on the earth’s surface and outer space.The location where these activities take place is called the location of economicactivity. The economic activity may be related to any one or all the three aspects,i.e., production, exchange and consumption.
LOCATION OF PRIMARY, SECONDARY , TERTIARY , QUATERNARY ANDQUINARY PRODUCTION :
First of all, lets know the types of production economic activities. Hartshorne andAlexander have given five broad categories of production economic activities asfollows :(i) Primary(ii) Secondary(iii) Tertiary(iv) Quaternary(v) Quinary(i)
:It includes hunting, fishing, gathering, mineral extraction, and harvestingof trees. This is called
:It includes those activities which increase the value or usefulness of apreviously existing product by changing its form. It includesmanufacturing and commercial agriculture. It is called
:It includes the service sector rather than the goods. It includes personaland business services provided by retail clerks, barbers, beauticians, andsecretaries. It is called