Economic Activity Flashcards
1
Q
What is the Clark Fisher model?
A
A chart showing the employment rate of the Primary, Secondary, Tertiary and Quaternary industry in the United Kingdom.
2
Q
Define the Primary, Secondary, Tertiary and Quaternary industry.
A
Primary industry involves getting materials from the ground, Secondary industry involves taking raw materials and making products out of them, Tertiary industry involves providing service and Quaternary industry involves miscellaneous jobs like IT.
3
Q
What does TNC stand for?
A
Trans National Company
