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Q: What are two ways in which the primary production contributes to the local economy?
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How does diamonds affect the economy where it is mined?

Diamond mining contributes to the local economy in the same ways that any kind of process industry operation contributes. Jobs, taxes and company benefits are high on these lists of contributions.


Companies should be penalized in their domestic business dealings because of where they do business abroad why?

On the production and purchasing side, they are hurting the local economy by spending money in another country instead of locally. On the sales side they should be encouraged to sell internationally as it brings money into the local economy.


Why diamonds mining is important?

Mining diamonds is as 'important' as any other industry, because it affords paying work for people, and because the mine contributes to the local economy.


How can Coop help the economy?

Coop can help the economy by strengthening local business and supporting local business.


how does acid precipitation effect the economy?

acid rain helps companies lower their production cost, which then allows them to increase their profits and expand their production at the expense of others since it could poison their water supplies, which can ultimately lead local economies to collapse


What is an economy of location?

Local econmy


How does tourism help with local economy?

well it helps the economy by giving them food


Do primary industries matter?

Primary industries are vitally important to Australia, as they are the building blocks of our way of life. If Australia had no primary industries, then all of our basic needs (including food and timber) would need to be imported from other countries. Not only would this be incredibly expensive, but it would impact on our economy which relies on money and jobs created by our local primary industries


How does the colorado river contribute to the local economy?

The Colorado river give to the local economy in a few ways. The most common way is with water supply.


Has the tower of Pisa effected Europe's economy?

It would only affect the local economy in terms of tourism, but not the economy of Europe.


What is an example of a local primary business?

a local farm, lumberjack or mining company


Local businesses in the primary sector?

prostitutes