1. Sectors of Industry Flashcards
What are the three Sectors of Industry?
- Primary
- Secondary
- Tertiary
What is the Primary Sector?
Where raw materials are extracted.
What is the secondary Sector?
Raw materials turned into manufactured goods.
What is the Tertiary Sector?
Services. Where the goods are sold.
What is a reason for change in the Primary Sector?
- Raw Materials have been used up, e.g. closure of coal mines (loss of thousands of jobs)
- Machinery replaced manual labour jobs. Labour is expensive, therefore loss of farming jobs
What is a reason for change in the Secondary Sector?
- De-industrialisation occurred which means closure of many factories
- Increased expenditure on machinery means increased job loss. Machines can work 24 hours, quicker, quality control.
What is a reason for change in the Tertiary Sector?
- Rise of the out-of-town shopping centre
- Britain enjoys more leisure time than ever before
- Businesses are putting more importance on customer services, e.g. call centres.
Define Adding Value
When the outputs (i.e. The good /service sold) is worth more than the cost of the inputs gone in to making the product
Define Interdependence
Where businesses and retailers and consumers all rely on each other. No business can exist without other businesses or retailers
Define Specialisation
When one firm exists solely in their sector of industry
Define Deindustrialisation
When the secondary sector loses jobs