7.2 Economic Sectors and Patterns

Economic Sectors

  • Primary Structure:

Jobs and activities that involve extracting natural resources

Example farmer, miner, fisher, Etc.

  • Secondary structure:

Jobs and activities that Take products from primary structure and turn them into goods

Example construction worker

  • Tertiary Structure:

Jobs and activities that provides services for other individual

Example,Lawyer

  • Quaternary structure:

Jobs and activities that acquire process and share information

Example, journalist

  • Quinary Structure:

Jobs and activities that revolve around making decisions

Example, CEO of company, president, etc.

preindustrial: primary jobs are most common here

Industrialization: secondary and tertiary jobs start to rise while primary jobs lower

Post industrialization: tertiary jobs are most common here in secondary jobs start to lower

Classifying countries

  • Core countries: countries with the most advanced economies and highest standard of living

  • Semi periphery countries: countries that have emerging economies that are industrializing

  • Periphery countries: countries that rely heavily on the exportation of resources, not industrialized or industrializing

Alfred Webber’s least cost theory

  • theory of industrial location

  • Theory talks about how the location of an industry is influenced by the transportation cost labor cost, and agglomeration

  • Transportation cost are our shipping costs connected to moving over resources and materials for producing a good and shipping the final product to a market

  • Labor cost or cost that come from workers producing the product itself

  • agglomeration It is the clustering of different economic activities in industries in a specific geographic areaLocated in transportation region

  • whether the product is a bulk gaining good or a reducing good can affect how far the industry is from the retail location

vocab

  • Break of Bulk point: a location where goods are transfer from one model transportation to another

  • Multi national corporation: accompany that has business operations, and at least one country other than it’s home country

  • Bulk Reducing good: a product that becomes lighter and easier to transport as production occurs; have heavy and bulky raw resources that are used in the Production of the good

  • Book Gaining good: a product that becomes heavier, more difficult to transport as production occurs; raw materials are normally lighter