EMPLOYMENT SECTORS Flashcards
what is informal employment?
no employment protection, no taxes, low level skills, often unsafe, no paid holidays/sick days, usually self employed
what is formal employment?
often large scale, high level skill, set working hours, recognised by the government, pay taxes, contracted, working hpurs, employment protection
what is primary sector?
extraction of raw materials e.g farming, fishing
what is secondary sector?
taking raw materials from primary sector and manufacturing them into new products eg. clothes, houses
what is tertiary sector?
services / activities that are done by people or businesses for customers e.g hairdressers, banks, cinemas
what is quaternary sector?
industires providing information services e.g IT, consultancy