Recategorizing Economic Activities- After learning about the ways of categorizing the sectors of the economy, develop a new way of organizing economic activity. Tertiary Economic Activities: tertiary economic activities are also referred to as the service sector. Explain why you think these patterns exist in your community. Economic Sectors Classification There are thousands of different jobs performed by people around the world, contributing to the modern global economy. With this data, analyze which sector and specific types of economic activities are most prevalent. An economic sector is a part of the economy where a particular business activity is undertaken. Perform this survey using people from your class and community. Your Community’s Economic Sectors- Develop a survey to gather information about the type of work and economic activity people in your community engage in. What assumptions can you make based on this information? Identify what percentage of their economy makes up each of the three economic sectors.
Explain what their major primary and secondary sector exports are. In MDCs most workers are employed in the tertiary sector of the economy, which is the provision of goods and services. (2 points) the reorganization/relocation of economic activities (e.g., jobs) from a national to a global scale. In your opinion, are the quaternary and quinary categories needed to understand the economy?ĬIA Factbook Research- Using the CIA Factbook site, choose a country other than the United States. Shift toward an increasing percentage of jobs in secondary and/or tertiary (also quaternary, quinary) sectors resulting from changes (e.g., increased demand for manufactured products, agribusiness, higher pay, greater profits, improved education). Part A Define and discuss the key features of the new international division of labor (also known as global division of labor). Based on the explanation of the quaternary and quinary sectors, develop a list jobs and examples that would be included in each of these sectors. The secondary sector covers manufacturing and business activities that facilitate the production of tangible goods from the raw materials produced by the. Quaternary and Quinary Sectors- Read the ThoughtCo.
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