The nature of work Flashcards
What do primary industries do?
Primary industries obtain raw materials
What do secondary industries do?
Secondaries industries convert raw materials into semi finished or finished products
What do tertiary industries do?
Tertiary industries provide service to others, and can be public (education) or private (banking)
What do quaternary industries do?
Quaternary industries process information, examples are education, libraries, IT and financial advisors
What do quinary industries do?
Quinary industries cover household services such as childcare or cleaning
How are trends in the nature of work changing?
Primary and secondary industries have decreased significantly, overall, only taking about 25% of the workforce together. This is in part due to less demand, globalisation and automation. Meanwhile, the tertiary, quaternary and quinary industry has grown significantly and rapidly. This is in part due to more money there, but also people forced out of primary and secondary industries.