1.3.3: Econmic Change Flashcards
Employment structure
Refers to how the workforce is divided between the four main employment sectors.
Primary sector in employment
The collection of natural resources.
Secondary sector in employment
Manufacturing
Tertiary sector in employment
Services
Quaternary sector in employment
Research and development activities
Model for employment structure
Clark-Fisher model
Three economic stages in Clark-fisher model
Pre-industrial
Industrial
Post-industrial
Pre-industrial stage in Clark-fisher model
Primitive economies with primary sector dominating
Eg: LICs
Industrial stage in the Clark-fisher model
Growth in secondary and decline in primary activities. Some increase in tertiary activities.
Eg: emerging economies such as China
Post-industrial stage in the Clark-fisher model
Primary activities remain low and secondary decline. Tertiary dominate. Growth in quaternary.
Eg:HICs such as UK
Emerging economy
Middle income country
Globalisation
The way in which economies and societies have become integrated by a global network of communications and immigration.
Forces and factors influencing economic restructuring
5
Changes in technology Depletion of resources Changing lifestyles and tastes Government strategies Globalisation
