ECONOMIC ACTIVITY Flashcards
CLASSIFICATION
- Primary sector
- Secondary sector
- Tertiary sector
- Quaternary sector
PRIMARY SECTOR
These involve the extraction of raw materials to be supplied to other industries. e.g. farming, forestry, fishing, mining.
SECONDARY SECTOR
These are where raw materials are assembled or manufactured to produce finished goods. e.g. food processing, manufacturing, assembling, building.
TERTIARY SECTOR
These are jobs which involve providing goods and services for the public. e.g. transport, retail, medicine, catering.
QUATERNARY SECTOR
These include people who provide specialist information and expertise to all the above sectors. e.g. research, design engineering, computer programming, financial management.
PRE - INDUSTRIAL PHASE
- primary sector leads the economy and may employ more than two - thirds of the working population
- agriculture is by far the most important activity
INDUSTRIAL PHASE
- secondary an tertiary sectors increase in importance
- primary sector declines in relative importance
POST INDUSTRIAL PHASE
- tertiary is the most important
- primary an secondary continue their relative decline
- quaternary begins to appear
REASONS FOR THE CHANGES IN THE NUMBER OF PEOPLE EMPLOYED
- raw material
- globalisation
- government policies
- demographic changes