economic structure of south africa Flashcards
what is the primary sector
industries that get raw materials from nature. first stage of production
what are the 2 types of primary sector operations
- genetic operation
- exploitative operations
genetic operations
can return to nature what has been taken from it
exploitative operations
cannot return to nature what has been taken from it
composition of the primary sector (3)
cultivation of products - agriculture
the exploitation of minerals - mining
collection of products - forestry/fishing
economic importance of the primary sector (9)
- provides food and minerals
- earn foreign exchange
- train workers and create job opportunities
- provision of raw materials for secondary industries
- contribution to GDP
- source of capital formation
- stimulation of research and development
- sources of state income
- positive influence on infrastructure
secondary sector
change natural resources into a form that is suitable for human use (eg food-processing industries)
composition of the secondary sector (3)
manufacturing industries
electricity, gas and water supply
construction
economic importance of the secondary sector (6)
- significant contribution to GDP
- creates jobs
- ensures economic independence
- earns foreign exchange
- important area for investment
- ensures strategic importance in Africa.
how does the secondary sector ensure strategic importance in Africa
SA has the necessary minerals, technological expertise and infrastructure to play an important role in the development of the rest of Africa
Tertiary sector
distributes goods and provides services (eg transport services)
composition of tertiary sector (6)
- commercial services
- transport services
- storage services
- communication services
- banking and financial services
- personal services
economic importance of the tertiary sector (4)
- contributes to the GDP
- creates job opportunities
- the source of income for the state
- create a market for consumer goods
what is seen as the “backbone” of our economic activity
communication, transport and other infrastructure
three main types of infrastructure
communication
transport
energy
explain the importance of communication
wireless technology has enabled entrepreneurs in remote and rural parts of the country to set up small businesses.
Knowledge is gained through communication.
This sector makes an important contribution to GDP
what is often seen as the 5th factor of production
transport
economic importance of transport
-brings the consumer to the manufacturer
-int transport makes valuable contributions to GDP
economic importance of energy
- crucial to a functioning modern society
- includes energy for the industry, domestic consumption, transportation and the business world.
what does the RDP stand for and what is their aim
reconstruction and development programme. They aim to correct the service provision backlogs.