ECONOMIC ACTIVITY Flashcards

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1
Q

CLASSIFICATION

A
  1. Primary sector
  2. Secondary sector
  3. Tertiary sector
  4. Quaternary sector
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2
Q

PRIMARY SECTOR

A

These involve the extraction of raw materials to be supplied to other industries. e.g. farming, forestry, fishing, mining.

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3
Q

SECONDARY SECTOR

A

These are where raw materials are assembled or manufactured to produce finished goods. e.g. food processing, manufacturing, assembling, building.

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4
Q

TERTIARY SECTOR

A

These are jobs which involve providing goods and services for the public. e.g. transport, retail, medicine, catering.

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5
Q

QUATERNARY SECTOR

A

These include people who provide specialist information and expertise to all the above sectors. e.g. research, design engineering, computer programming, financial management.

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6
Q

PRE - INDUSTRIAL PHASE

A
  • primary sector leads the economy and may employ more than two - thirds of the working population
  • agriculture is by far the most important activity
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7
Q

INDUSTRIAL PHASE

A
  • secondary an tertiary sectors increase in importance

- primary sector declines in relative importance

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8
Q

POST INDUSTRIAL PHASE

A
  • tertiary is the most important
  • primary an secondary continue their relative decline
  • quaternary begins to appear
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9
Q

REASONS FOR THE CHANGES IN THE NUMBER OF PEOPLE EMPLOYED

A
  • raw material
  • globalisation
  • government policies
  • demographic changes
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