Economic sectors Flashcards
What are the four economic sectors?
- Primary
- Secondary
- Tertiary
- Quaternary
What are primary economic activities?
Primary economic activities include agriculture, mining, forestry and fishing
What are secondary economic activities?
Secondary economic activities involve manufacture such as cars, food processing, ship building.
What are tertiary economic activities?
Tertiary economic activities involve providing a service such as healthcare or retail
What are quaternary sector activities?
Quaternary economic activities involve high technology such as research and development
What were the proportions of economic sectors during the pre-industrial period?
The primary sector dominates with steady increases in the secondary and tertiary sectors
What were the proportions of economic sectors during the industrial period?
The amount of GDP and employment in the secondary sector increases to become dominant and then decreases. The primary sector continues to decrease and tertiary sector increases
What were the proportions of economic sectors during the post-industrial period?
The tertiary and quaternary sectors increase whilst the secondary and primary sectors decrease.
The tertiary sector dominates the employment and GDP
What was a reason for the decrease in primary employment?
Mechanisation has lead to a decrease in jobs available
What was a reason for the decrease in secondary employment?
Increasing mechanisation and globalisation lead to a decrease in secondary employment in some countries
What was a reason for the increase in tertiary and quaternary employment?
Technological improvements
What are physical factors which affect location of economic sectors?
- Availability of raw materials
- How much land is available and the cost of that land
- Where the power supply is
- Climate, some industrys benifit from certain climates
What are human factors which affect location of economic sectors?
- Capital, the amount of money available to run and set up the economic activity
- Transport and communication
- Where the market it
- Where the labour is
- Government policy
What can change the location of primary industry?
- Drought, soil erosion or flooding
- Raw materials may run out
- Climate change may affect what type of crops can be grown
What has changed the location of secondary industry?
- Faster and cheaper transport
- The increase in transnational corporations
- Electricity is now available almost anywhere
- Internet means fast communication is possible
- Cheaper labour