Globalisation Flashcards
What is industrialisation?
where a mainly agricultural society/culture changes and begins to depend on manufacturing industries instead
Define out-sourcing
outsourcing is where a large TNC /company moves part of its industry abroad to take advantage of cheaper labour costs as well as resources.
What are the four sectors of industry described in the Clarke Fischer model that a countries employment structure is composed of?
Primary Industries
Secondary industries
Tertiary industries
Quaternary industries
Name some primary industries.
farming, mining , fishing ,quarrying
Name some secondary industries
house building, car making steel processing, food processing
Name some Tertiary industries
distribution, retail, education(teacher) , nursing
Name some Quaternary industries
IT, Bio-sciences, media
What is a primary industry?
the extraction of raw materials from land or sea.
what is a secondary industry?
manufacturing where raw materials are converted into a finished product.
What is a tertiary industry?
services, An industry providing a service; healthcare ;education
What is a Quaternary industry?
provide information and expert help. often associated with creative or knowledge based industries.
Describe the employment structure of a low income country.
- country is in pre-industrial stage
- dominated by primary sector industries
- highly dependant on farming (70% OF EMPLOYMENT)
- few tertiary and secondary services
Describe the employment structure of a middle-income country.
- country is in industrial stage
- secondary services increase peaking at 45% of employment structure then decrease
- primary sector decreases rapidly
- tertiary sector increases/grows
Describe the employment structure of a high income country.
- country is in post-industrial stage
- Primary,tertiary and secondary industries decrease slowly
- Quaternary sector grows
What is a TNC?
Trans national company