economic change Flashcards
1
Q
what is the clark fisher model
A
it’s a graph that shows tertiary, secondary and primary jobs
2
Q
define primary
A
extract raw materials directly from earth or sea
3
Q
define secondary
A
process and manufacture product from raw materials
4
Q
define tertiary
A
provide a service
5
Q
define quaternary
A
providing informations services
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
7
Q
what is TNCs
A
TNC stands for transnational corporations, companies that pro.vide service sin several countries