Industry (economic processes) Flashcards
How do economic activities change as a country develops?
Poor countries have large amounts of primary workers and few tertiary workers.
Rich countries have most tertiary workers and low numbers of primary workers. They will also have some quaternary workers.
What is economic development?
As a country develops, it becomes richer and offers its citizens higher standards of living.
What is a primary activity?
Extracting raw materials from the earth or sea.
e.g. fishing, mining, farming, forestry
What classification would you give to a manufacturing industry that makes raw materials into goods?
Secondary
What is a tertiary industry?
A service industry that sells goods or provides a service.
e.g. doctors, lawyers, bankers
What classification would you give to a software designer or research scientist?
Quaternary