RINGS 'N THINGS

LOCATED IN RUSSIA

• 22 percent of the world's diamond supply
• has been found in Russia, the most out of any
• other country in the world.
• This means that shipping will cost less, and it
• would be more efficient overall.

PRIMARY ECONOMIC ACTIVITY

• Mining

COMMODITIES

• Diamond and Tungsten

SECONDARY ECONOMIC ACTIVITIES

• The tungsten has to be shaped to go around
• a finger and so it can hold the diamond.
• The diamond has to be shaped and polished so it looks its best.

TERTIARY ECONOMIC ACTIVITY

• Providing the service of selling diamond rings
• to the public.

QUATERNARY ECONOMIC ACTIVITY

• Research on how we can find these resources
• easier and more efficiently, and how we can
• make our products look better while maintaining
• a reasonable price.

WILL WE NEED RESOURCES FROM OTHER REGIONS?

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• Yes. Tungsten is primarily found in China,
• and since there is no minimum wage in China
• it will be cheaper to buy it from there than other places.

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• We are similar to other companies, such as
• The Diamond Ring Company located in
• Santa Clara, CA.