3.2 Flashcards
What are the two types of employment?
Informal and Formal
What is formal employment? + example
Officially recognised, workers are protected by country. Rules about how many hours people can work, what age they can work, health and safety. Workers pay tax to government out of wages. E.g banker
What is informal employment? + example
Unofficial, jobs aren’t taxed or regulated by government. People often work long hours, dangerous conditions and little pay. E.g. Street seller
What are the 4 different economic sectors?
Primary, secondary, tertiary, quaternary
What is the primary sector? + example
Involves collecting raw materials e.g. Fishing, farming
What is the secondary sector? + example
Involves turning one product into another (manufacturing) e.g. Textiles, furniture
What is the tertiary sector? + example
Involves providing a service, e.g. nursing, police force
What is the quaternary sector? + example
Is the information economy e.g. Research and development, IT industry.
Developing countries employment (informal or formal) and working conditions
Many workers are employed in the informal sector.
Conditions are poor and dangerous, hours are long, pay is low.
Emerging countries employment (informal or formal) and working conditions
Number of workers in informal sector decreases as country develops.
Conditions improve and workers’ rights increase
Developed countries employment (informal or formal) and working conditions
Few workers in the informal sector, majority in formal.
Conditions are good, pay is high, workers have rights so protected by law.
Developing countries’ economic sectors
Lots of people in low skilled primary jobs e.g. Market stalls
Few people in secondary, not enough money to for technology needed e.g. Large factories
Small percentage in tertiary e.g. Government offices or IT
Emerging countries’ economic sectors
Employment high in secondary, established industrial zones with good infrastructure.
Lots of low skilled tertiary e.g tourism, retail
Industrial industry grows, people spend more on high skilled servies e.g. Medicine or law
Developed countries’ economic sector
Fewer people in secondary than emerging countries.
Most people in high skilled tertiary(educated workforce), high demand for services such as banks and shops
Some employment in quaternary, country has lots of high skilled labour, has money to invest in research.