Economic Activity and Energy Flashcards
Primary sector
Extraction of raw materials to be supplied to other industries
Examples:
-Fishing
-Farming
-Mining
Secondary sector
Where raw materials are assembled to produce finished goods
Examples:
-Manufacturing
-Assembling
-Construction
Tertiary sector
Providing goods and services for the public
Examples:
Medicine
Retail
Catering
Quaternary sector
Providing specialist information and expertise to above sectors
Examples:
-Research and development
-Artificial Intelligence
Clark-Fisher Model
Pre-Industrial Phase:
Primary sector leads economy
Industrial Phase:
Secondary and tertiary sectors increase
Primary sector declines
Post-Industrial Phase:
Tertiary is most important
Primary and secondary decline
Quaternary begins to appear
Factors influencing location of economic activities
Raw materials
Employees
Infrastructure
Transport
Cheap land
Customers
Informal sector
Unofficial and unregulated
Urban migration leads to underemployment
Need to avoid poverty
Malthus’ view on population growth and resources
Population growth proceeded at faster rate than increase in food supply
At a certain point, population growth would stop
Boserup’s view on population growth and resources
Increases in population would stimulate improvement in food production and developments in technology would solve problem
Advantages of informal employment
Often requires less skills/qualifications (1).
Unlikely to pay tax (1).
Requires little investment to set up informal business (1).
Reducing unemployment (1).