Costa Rica

Presented to: CanonPresented by:

LocationMathematical Location

Latitude: between 5- 15 degrees northLongitude: between 75- 90 degrees west

SituationOn the west coast of Central American countries

Formal Region: Central AmericaFunctional Region: San Jose

Demographic Transition Model

Costa Rica’s birth rate, death rate, and natural increase fit the numbers best in stage 3 of the Demographic Transition Model which is the best stage for industry. Costa Rica’s birth rate is 16.65 which is closest to the end of stage three in the model above. The death rate is 4.29 which is all of stage 3 and the natural increase is 1.347 % which compares to towards the end of the model shown above. Agriculture revolution brought higher number of resources to Costa Rica. Industrial Revolution brought urbanization because all the jobs were in the city and so people moved to the city.

Demographic ComparisonsCountry Name

PopulationGrowth HDI Life

ExpectancyLiteracy Per

CapitaGDP

COSTA RICA 1.3% .783 78.9 95.9 6,580

BELIZE 3.4% .694 76.3 75.1 4,310

NICARAGUA 1.3% .565 73.1 78.0 1,025

Chart AnalysisCosta Rica has growth rate of 1.3% which keeps the

population under control and not over powering. The life expectancy of Costa Rica is 78.9 which is not much higher

than Belize or Nicaragua, just a couple years higher, unlike the comparison of Literacy Rates between the countries. Costa Rica has rate of more than 10 better than it’s neighbors at

95.9. Costa Rica’s gross domestic product is also impressive next to Belize and Nicaragua at 6,850. This shows that

products are well made in this area already plus conditions are good because there is a high life expectancy. Workers are

very much likely to be educated and ready to work.

Economic DevelopmentCosta Rica has fertile land good for farming, plus Costa Rica is rich in forestry products and fisheries products. Some farming products that are grown in Costa Rica are bananas, pineapples, coffee, sugar, rice, corn, beans.

Major Industries: apparel, electronic components, medical equipment, tires, food processing, construction materials, fertilizer, and plastic products.

Major Services: Hotels, Restaurants, Tourist Services, Banks, and Insurance.

Site Factors: Land and Labor

Recently there has been a rise in land prices in Costa Rica. This has been the same situation of construction. This would be very expensive in buying land and building a factory.

Site Factors: Resources & Situation Factors

List of Inputs:Glass lens, plastic, variety of metal,

computer chips, cotton, polyester,

leather,

Costa Rica contains some of the resources to produce Canon products such as printers, cameras, camcorders and others. Some resources will have to be transported into Costa Rica so that is a down fall of the location. After all transportation and inputs cost this would probably be a bulk gaining industry.

Major markets could be placed in San Jose, the capital of Costa Rica which is about 75-90 miles away from the location of factory.

Infrastructure: Transportationroadways railways waterways airports

Costa Rica

35,330 km

278 km

730 km

151

Belize 3,007 km

none 825 km

45

Nicaragua 19,173 km

none 2,220 km

143

Infrastructure: Communication

Infrastructure: Communication(continued)

TaxesCorporate Tax Property Tax

Costa Rica 10-25% .25%

Belize 20-35% 1.5%

Costa Rica’s government or state

has a religion which is

Roman Catholicism but still has freedom of religion. Other

human rights in Costa

Rica are freedom of

speech, and freedom of the press.

Social Stability

Costa Rica does not have a

strong belief and push on

emphasizing anti- corruption.

They aren’t a country well know

for their corruption either

though.

Costa Rica is a

constitutional

democracy

ruled by a

president,

along with

two vice

presidents.

They are in

office for four

years and are

voted in by

the people.

Conclusion

Benefits:Located on the cost and by water In Stage 3 which is best for industryMany transportation opportunities

and options High phone line percentage for

communicationHigh number of both internet hosts

and users which is good for communication and advertisement.

Taxes are pretty low.

Drawbacks:Low number of cell phonesMinimum wage is highNot all of resources are in Costa Rica.Land and Construction Costs