economic change Flashcards

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1
Q

what is the clark fisher model

A

it’s a graph that shows tertiary, secondary and primary jobs

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2
Q

define primary

A

extract raw materials directly from earth or sea

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3
Q

define secondary

A

process and manufacture product from raw materials

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4
Q

define tertiary

A

provide a service

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5
Q

define quaternary

A

providing informations services

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6
Q

what is fair trade

A

fair trade is trade between companies in developing countries in which fair prices are paid to the producers

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7
Q

what is TNCs

A

TNC stands for transnational corporations, companies that pro.vide service sin several countries

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