topic 7.2 economic sectors and patterns Flashcards
Primary sector
Examples of jobs:
farming, fishing, lumberjack, mining
Primary sector
Highest rates are in what type of country? (core, semi-periphery, or periphery)
periphery
Secondary sector:
Examples of jobs:
factory work, construction, refining
Tertiary sector:
service based jobs
Examples of jobs: (tertiary)
doctor, dentist, teacher, hairdresser, plumber, mechanic
Tertiary
Highest rates are in what type of country? (core, semi-periphery, or periphery)
core
Define postindustrial society:
economy is based around the service sector, no longer focused on industrial (secondary) jobs
Quaternary sector:
economic sector that is a subset of tertiary sector activities that requires workers to process and handle information and environmental technology
Quinary sector:
also part of tertiary, involves the very top leaders in government, science, universities, nonprofits, health care, culture, and media
Alfred Weber’s Least Cost Theory:
Three Factors:
Labor, Transportation, and Agglomeration
Which one of the above factors was most important to Weber?
Transportation
Which one of the above factors is most important today? Why?
Labor, transportation costs are easy to control especially with newer transportation technologies, but wages still vary greatly around the world and in a globalized world, labor is what we can take advantage of the most
Define agglomeration:
CLUSTER, the clustering of businesses that benefit each other
agglomeration
How does this benefit companies?
Can control costs through shared talents and services, and access the same pool of workers, it can cut down on transportation costs especially with just-in-time delivery
Define deglomeration:
the process of deconcentration of established agglomeration in response to growing costs of congestion, competition, and regulation
Bulk-gaining industry:
in the process of making the product, it gains bulk/weight/volume/complexity
Bulk-gaining industry:
Examples:
cars, beverages, appliances
Bulk-gaining industry:
Close to resources or close to market? Why?
Market, the heaviest part is at the end, and we want to limit transportation costs
Bulk-reducing industry:
in the process of making the product, it loses bulk/weight/volume/complexity
Bulk-reducing industry:
Examples:
: furniture, paper, ethanol, chips
Bulk-reducing industry:
Close to resources or close to market? Why?
REsources. The heaviest part is at the beginning and we want to limit transportation costs
Containerization
the process of using standardized shipping containers to make loading and unloading boats, trains, and trucks more efficient and cost-effective
Containerization
How has this revolutionized global trade?
Made it fast and cheaper at break-of-bulk points, making global trade possible
Break-of-bulk point:
the point when you switch modes of transportation–seaports, airports, train stations, truck depots
Secondary sector
Highest rates are in what type of country? (core, semi-periphery, or periphery)
semi-periphery