classifying economies

Question 1

what are the four economic sectors?

Answer 1

primary, secondary, tertiary and quaternary

Question 2

where can these sectors be found? and what do they include?

Answer 2

primary-rural (low paid, manual work)
secondary and tertiary-urban
quaternary- specific areas (universities and accessibility)

Question 3

what are the four employment types?

Answer 3

contracts (permanent, fixed term)
full time/ part time
temporary (volunteers)
self employed (freelancers, consultants)

Question 4

what model can be used to describe the change in economic sectors?

Answer 4

Clark-fisher model

Question 5

why have primary and secondary sectors been declining?

Answer 5

manufacturing industries in the uk=too expensive - coal in the uk deeper in ground compared to other countries = more expensive to extract. Increase of competition over seas, cheap labour grew in Asia= shut down of many industries thus leading unemployment in the sectors.

Question 6

why have tertiary and quaternary sectors been growing?

Answer 6

replace lost jobs with a post-industrial economy. growth in knowledge industries (IT, design). banking and finance-uk base for finance and banks. tourism- fast growing industry.

Question 7

WINNERS-post industrial shift

Answer 7

• higher wage, higher standard of living
• better health- due to research and development
• opportunities and training
• women opportunities for women in tertiary sectors

Question 8

LOSERS-post industrial shift

Answer 8

• people’s skills do not meet skills for a tertiary or quaternary job
• reliance on sectors=vulnerable to succession
• north/south divide
• knowledge based industries can be placed anywhere in the world
• secondary jobs rely heavily on labour work which is cheaper in emerging economies
• intensive farming=consequences in the environment (soil degradation)