Type of Industries Flashcards

1
Q

What is the primary industry?

A

Industries that harvest natural resources

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2
Q

What percent of total goods and services produced in Canada (primary)

A

6%

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3
Q

Examples of primary

A

mining, fishing, forestry, agriculture, oil, and gas

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4
Q

What is GDP?

A

Gross Domestic Product (an indicator of the health of a country’s economy)

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5
Q

GDP of fishing, agriculture, forestry, oil and gas extraction, and mining

A

Fishing = 2.5 billion, agriculture = 13 billion, forestry 4 billion, oil and gas = 100 billion, mining = 18 billion

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6
Q

Where are forestry industries located? Mining industries?

A

Forestry = Quebec, Ontario, New Brunswick, and British Columbia, mining = BC, Yukon, and Nunavut

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7
Q

What is the secondary refining industry? Examples?

A

Process raw materials into industrial products, steel mills, paper mills, plastic manufacturers

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8
Q

What is the secondary manufacturing industry? Examples?

A

Process industrial products into goods that people buy, carmakers, garment industries, furniture makers

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9
Q

Where are secondary industries located?

A

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

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10
Q

What is the tertiary industry? Examples?

A

Provides services and distribution of final products to the market, media, retail, entertainment, distribution centers, insurance, healthcare

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11
Q

How many jobs does the tertiary industry provide?

A

7.5 million

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12
Q

How many jobs does the secondary industry provide?

A

3.6 million

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13
Q

What is the quaternary industry? Examples?

A

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

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14
Q

What is the quinary industry? Examples?

A

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

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