Type of Industries Flashcards
What is the primary industry?
Industries that harvest natural resources
What percent of total goods and services produced in Canada (primary)
6%
Examples of primary
mining, fishing, forestry, agriculture, oil, and gas
What is GDP?
Gross Domestic Product (an indicator of the health of a country’s economy)
GDP of fishing, agriculture, forestry, oil and gas extraction, and mining
Fishing = 2.5 billion, agriculture = 13 billion, forestry 4 billion, oil and gas = 100 billion, mining = 18 billion
Where are forestry industries located? Mining industries?
Forestry = Quebec, Ontario, New Brunswick, and British Columbia, mining = BC, Yukon, and Nunavut
What is the secondary refining industry? Examples?
Process raw materials into industrial products, steel mills, paper mills, plastic manufacturers
What is the secondary manufacturing industry? Examples?
Process industrial products into goods that people buy, carmakers, garment industries, furniture makers
Where are secondary industries located?
Southern Ontario - concentrates on transportation equipment, southern Quebec (accounted for $169.3 billion of the GDP in 2012) - metal production, transportation equipment, and chemical production
What is the tertiary industry? Examples?
Provides services and distribution of final products to the market, media, retail, entertainment, distribution centers, insurance, healthcare
How many jobs does the tertiary industry provide?
7.5 million
How many jobs does the secondary industry provide?
3.6 million
What is the quaternary industry? Examples?
Provides intellectual services, concentrates on the transfer/transmission of ideas and info, and plays a large role in improving literacy rates, developing new and improved tech, and helping industries become more efficient, education, government, info and communication tech (ICT), scientific research, management
What is the quinary industry? Examples?
Services in this sector focus on the interpretation of existing or new ideas, evaluation of new tech, and the creation of services, people in high positions with power and who make important decisions often belong in this industry, government officials, business executives, highly paid professionals