Nature of work Flashcards
What is an industry?
a group of businesses involved in similar or related work.
What are the three main types of industries?
Primary
Secondary
Tertiary
What is a primary industry
One that produces raw materials (for example, fresh fruit) from what nature has provided. Primary industries provide all our food. 60% of exports are from our primary industries.
What is a Secondary industry
All workers involved in turning raw materials into finished or semi-finished products. For example, iron ore, coal and limestone are turned into steel — a semi-finished product.
What is a tertiary industry?
provide a service to others (for example, retailers, dentists, bankers and solicitors). It has been broken down into the quaternary industry and quinary industry.
Quaternary industry
Made up of service industries that deal with processing information and knowledge. Includes, network specialists and IT professionals, along with services such as financial advisors, libraries and education.
Quinary industry
Made up of domestic services, many of which were once carried out by people within their own homes. Hospitality, childcare, domestic cleaning and home maintenance
What percentage of labour force consists of people working in service industries
80%