Industries infomation Flashcards

1
Q

What is a Natural Resource?

A

are non-man made components of the Earth which has a value to humans (we can use it for something).

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2
Q

What is a Renewable Resources?

A

are resources which regenerate (grow) themselves naturally within 100 years or less (ex. forests)

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3
Q

What is a Non-renewable resources?

A

are resources which take millions of years to regenerate themselves (ex. gold, silver, copper, etc.)

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4
Q

What is a Primary Industries?

A

Extracting of raw materials (resources in their natural form) from the ground or water

e.g., mining, forestry, farming, fishing.

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5
Q

What is a Secondary Industries?

A

manufacturing products by the primary industry and puts them things together

  • e.g., automobile assembly plants, factories
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6
Q

What is a Tertiary Industries?

A

Providing services to others

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7
Q

What is a Quaternary Industries?

A
  • Non- traditional jobs: High technology, Research
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8
Q

What are Goods?

A

are tangible (real) things you manufacture (make).

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9
Q

What are Services?

A

Are things you do (services) for others

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10
Q

What are Basic Jobs?

A

Selling goods and services to people outside of the local community that brings new money into the local economy

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11
Q

What are Non-Basic Industries?

A

Selling goods or services to people within the local community

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