tertiärisierung Flashcards
What does the term ‘Tertiärisierung’ refer to?
The transition of economies from a focus on primary and secondary sectors to a dominant tertiary sector, which includes services.
True or False: Tertiärisierung only affects industrialized nations.
False
List three sectors included in the tertiary sector.
Healthcare, education, and finance.
What is the primary characteristic of the tertiary sector?
It provides services rather than goods.
Which sector typically employs the most people in a tertiary economy?
The service sector.
Fill in the blank: Tertiärisierung is often associated with increased __________ in an economy.
productivity
What is one major effect of Tertiärisierung on employment?
Shift from manufacturing jobs to service-oriented jobs.
True or False: Tertiärisierung leads to a decrease in the importance of technology in the economy.
False
What role does globalization play in Tertiärisierung?
It accelerates the growth of the service sector by increasing international trade in services.
What is the relationship between Tertiärisierung and urbanization?
Tertiärisierung often leads to urbanization as service jobs are concentrated in urban areas.
What term describes the shift from goods-producing industries to service-oriented industries?
Deindustrialization
Which demographic trend is often associated with Tertiärisierung?
An aging population requiring more healthcare services.
Fill in the blank: Tertiärisierung can result in greater __________ of the economy.
diversification
What is one challenge associated with Tertiärisierung?
Job displacement in traditional manufacturing sectors.
True or False: Tertiärisierung can lead to increased income inequality.
True
Name one advantage of Tertiärisierung for consumers.
Increased access to a variety of services.
How does Tertiärisierung impact environmental sustainability?
It can lead to lower resource consumption compared to manufacturing industries.
What economic model is often used to analyze Tertiärisierung?
The three-sector model.
Fill in the blank: The growth of __________ is a key driver of Tertiärisierung.
information technology
True or False: Tertiärisierung is a linear process with no setbacks.
False
What is a common misconception about Tertiärisierung?
That it only applies to developed countries.
Name a sector that has seen significant growth due to Tertiärisierung.
Tourism
What does the tertiary sector contribute to GDP in advanced economies?
A majority of GDP.
Fill in the blank: Tertiärisierung often leads to greater __________ in economic activities.
specialization
