7 min read•january 8, 2023
Harrison Burnside
Riya Patel
Harrison Burnside
Riya Patel
The world economy can be separated into distinct categories called sectors. The easiest ways to group sectors are by their stage in the production process or through the types of services or products that they create.
🥦 refers to the extraction and production of raw materials, such as agricultural products, minerals, and forestry products. It is a key part of the primary sector of the economy.
Examples of include:
often involves the use of natural resources and can have significant environmental impacts. As such, it is important for primary producers to consider sustainability in their operations.
🏭 refers to the processing of raw materials into finished goods, such as manufacturing, construction, and power generation. It is a key part of the secondary sector of the economy.
Examples of include:
often involves the use of specialized equipment and skilled labor, and can have significant economic and technological impacts. It is an important driver of economic growth and development in many countries.
🚚 refers to the provision of services, such as healthcare, education, and finance. It is a key part of the tertiary sector of the economy.
Examples of include:
The tertiary sector is often considered to be the service sector of the economy, as it involves the provision of intangible goods and services rather than physical goods. It is an important contributor to economic growth and development, as it can create high-skilled, high-paying jobs and drive innovation.
💰 , also known as the quaternary sector of the economy, refers to activities that involve the creation and distribution of knowledge and information. It includes research and development, as well as the design and management of complex systems.
Examples of include:
is often associated with highly skilled and knowledge-intensive industries. It can drive innovation and competitiveness in the economy, and is an important contributor to economic growth and development.
🏛 , also known as the quinary sector of the economy, refers to the highest level of economic activity, which involves the decision-making and policy-making that drives the other sectors of the economy. It includes activities such as high-level management, administration, and policy development.
Examples of include:
is typically carried out by highly educated and experienced individuals, and can have significant impacts on the direction and performance of the economy.
A is the series of activities that are involved in the production, distribution, and consumption of a particular product or commodity. It includes all of the steps, from the extraction of raw materials to the final sale of the finished product to the consumer.
The can include activities such as raw material extraction, manufacturing, distribution, marketing, and retail. It can involve a wide range of actors, including primary producers, manufacturers, distributors, wholesalers, and retailers.
Understanding the can help to reveal the various stages of production and distribution that are involved in bringing a product to market, and can provide insight into the social, economic, and environmental impacts of commodity production. It can also help to identify opportunities for improvement and innovation in the production and distribution process.
A is a location where the transfer of goods from one mode of transportation to another takes place, such as from a ship to a truck or from a train to a warehouse. It is a point in the supply chain where the movement of goods is transferred from one form of transportation to another, typically in order to reach the final destination.
Break-of-bulk points are important because they allow for the efficient movement of goods over long distances by enabling the use of different modes of transportation. For example, a ship may be used to transport goods from one country to another, and then a truck or train can be used to transport the goods to the final destination within the country.
Break-of-bulk points can be found at ports, airports, rail yards, and other locations where different modes of transportation intersect. They play a crucial role in the global supply chain, as they facilitate the movement of goods and materials around the world.
In world trade, core (a.k.a MDCs, First World, etc.) countries have the advantage in trade over and countries.
The is a term used in the field of economic geography to describe a group of countries that are located between the core and the . The core refers to the highly industrialized, economically advanced countries that dominate the global economy, while the refers to the less industrialized, less economically developed countries that are often dependent on the core countries.
The occupies a middle ground between the core and the , and often has a mix of characteristics from both. These countries may have some industrialization and economic development, but they are not as advanced as the core countries and often have a lower level of global economic influence.
Examples of countries that might be considered part of the include Brazil, Russia, India, and China. These countries have experienced significant economic growth and development in recent years, but they are still not as economically advanced as the core countries of the global economy.
The refers to the less industrialized, less economically developed countries that are often dependent on the more economically advanced, industrialized countries, also known as the core. The is often characterized by a lack of economic and political power, and may be heavily dependent on the core countries for trade, investment, and other forms of economic support.
Examples of countries that might be considered part of the include many countries in Africa, Latin America, and parts of Asia. These countries often have lower levels of economic development and industrialization compared to the core countries, and may be more vulnerable to external economic and political pressures.
It is important to note that the concept of the is a relative one, and the classification of a country as part of the can vary depending on the specific criteria being used.
refers to the process of a country or region experiencing a decline in its industrial sector, often characterized by the loss of manufacturing jobs and the closure of factories. It can be driven by a variety of factors, including technological change, globalization, and shifts in economic policy.
can have a number of negative impacts on a country or region, including rising unemployment, declining incomes, and social unrest. It can also lead to a loss of competitiveness in international markets and a decline in the overall standard of living.
There are a number of ways in which governments and communities can respond to , such as by investing in education and training to help workers adapt to new industries, supporting the development of new businesses and industries, and implementing policies to promote economic development and growth.
Examples of countries or regions that have experienced include:
is a complex process that can have significant impacts on communities and economies, and can be difficult to address.
Break-of-Bulk Point
: A break-of-bulk point is a location where goods are transferred from one mode of transportation to another, such as from ship to truck or train.Commodity Chain
: A commodity chain is a series of links connecting the many places of production and distribution, resulting in a final product that is then sold to consumers.Deindustrialization
: Deindustrialization refers to a process where there's a significant decline in industrial activity in a region or economy. It's often due to outsourcing, technological change, environmental concerns or economic shifts.Periphery
: In the context of AP Human Geography, periphery refers to less developed countries or regions that are economically and politically weaker than core countries. They often rely on exporting raw materials and labor-intensive production.Primary Production
: Primary production refers to the sector of an economy that involves the extraction or harvesting of natural resources such as mining, agriculture, and fishing.Quaternary Production
: This refers to the knowledge-based part of the economy, which includes services such as information technology, research and development, financial planning, education, and consulting.Quinary Production
: This sector involves high-level decision making within an economy or society. It includes top executives or officials in government, industry leaders in science and technology sectors etc., who create new ideas that drive economic activity.Secondary Production
: Secondary production refers to the sector of an economy that transforms raw materials into finished goods through manufacturing processes.Semi-Periphery
: In world-systems theory, semi-periphery countries are those that are industrializing and have characteristics of both core countries (developed) and periphery countries (less developed).Tertiary Production
: Tertiary production refers to the sector of an economy that provides services rather than producing tangible goods.Trading Between Countries
: Trading between countries, also known as international trade, involves the exchange of goods and services across national borders.7 min read•january 8, 2023
Harrison Burnside
Riya Patel
Harrison Burnside
Riya Patel
The world economy can be separated into distinct categories called sectors. The easiest ways to group sectors are by their stage in the production process or through the types of services or products that they create.
🥦 refers to the extraction and production of raw materials, such as agricultural products, minerals, and forestry products. It is a key part of the primary sector of the economy.
Examples of include:
often involves the use of natural resources and can have significant environmental impacts. As such, it is important for primary producers to consider sustainability in their operations.
🏭 refers to the processing of raw materials into finished goods, such as manufacturing, construction, and power generation. It is a key part of the secondary sector of the economy.
Examples of include:
often involves the use of specialized equipment and skilled labor, and can have significant economic and technological impacts. It is an important driver of economic growth and development in many countries.
🚚 refers to the provision of services, such as healthcare, education, and finance. It is a key part of the tertiary sector of the economy.
Examples of include:
The tertiary sector is often considered to be the service sector of the economy, as it involves the provision of intangible goods and services rather than physical goods. It is an important contributor to economic growth and development, as it can create high-skilled, high-paying jobs and drive innovation.
💰 , also known as the quaternary sector of the economy, refers to activities that involve the creation and distribution of knowledge and information. It includes research and development, as well as the design and management of complex systems.
Examples of include:
is often associated with highly skilled and knowledge-intensive industries. It can drive innovation and competitiveness in the economy, and is an important contributor to economic growth and development.
🏛 , also known as the quinary sector of the economy, refers to the highest level of economic activity, which involves the decision-making and policy-making that drives the other sectors of the economy. It includes activities such as high-level management, administration, and policy development.
Examples of include:
is typically carried out by highly educated and experienced individuals, and can have significant impacts on the direction and performance of the economy.
A is the series of activities that are involved in the production, distribution, and consumption of a particular product or commodity. It includes all of the steps, from the extraction of raw materials to the final sale of the finished product to the consumer.
The can include activities such as raw material extraction, manufacturing, distribution, marketing, and retail. It can involve a wide range of actors, including primary producers, manufacturers, distributors, wholesalers, and retailers.
Understanding the can help to reveal the various stages of production and distribution that are involved in bringing a product to market, and can provide insight into the social, economic, and environmental impacts of commodity production. It can also help to identify opportunities for improvement and innovation in the production and distribution process.
A is a location where the transfer of goods from one mode of transportation to another takes place, such as from a ship to a truck or from a train to a warehouse. It is a point in the supply chain where the movement of goods is transferred from one form of transportation to another, typically in order to reach the final destination.
Break-of-bulk points are important because they allow for the efficient movement of goods over long distances by enabling the use of different modes of transportation. For example, a ship may be used to transport goods from one country to another, and then a truck or train can be used to transport the goods to the final destination within the country.
Break-of-bulk points can be found at ports, airports, rail yards, and other locations where different modes of transportation intersect. They play a crucial role in the global supply chain, as they facilitate the movement of goods and materials around the world.
In world trade, core (a.k.a MDCs, First World, etc.) countries have the advantage in trade over and countries.
The is a term used in the field of economic geography to describe a group of countries that are located between the core and the . The core refers to the highly industrialized, economically advanced countries that dominate the global economy, while the refers to the less industrialized, less economically developed countries that are often dependent on the core countries.
The occupies a middle ground between the core and the , and often has a mix of characteristics from both. These countries may have some industrialization and economic development, but they are not as advanced as the core countries and often have a lower level of global economic influence.
Examples of countries that might be considered part of the include Brazil, Russia, India, and China. These countries have experienced significant economic growth and development in recent years, but they are still not as economically advanced as the core countries of the global economy.
The refers to the less industrialized, less economically developed countries that are often dependent on the more economically advanced, industrialized countries, also known as the core. The is often characterized by a lack of economic and political power, and may be heavily dependent on the core countries for trade, investment, and other forms of economic support.
Examples of countries that might be considered part of the include many countries in Africa, Latin America, and parts of Asia. These countries often have lower levels of economic development and industrialization compared to the core countries, and may be more vulnerable to external economic and political pressures.
It is important to note that the concept of the is a relative one, and the classification of a country as part of the can vary depending on the specific criteria being used.
refers to the process of a country or region experiencing a decline in its industrial sector, often characterized by the loss of manufacturing jobs and the closure of factories. It can be driven by a variety of factors, including technological change, globalization, and shifts in economic policy.
can have a number of negative impacts on a country or region, including rising unemployment, declining incomes, and social unrest. It can also lead to a loss of competitiveness in international markets and a decline in the overall standard of living.
There are a number of ways in which governments and communities can respond to , such as by investing in education and training to help workers adapt to new industries, supporting the development of new businesses and industries, and implementing policies to promote economic development and growth.
Examples of countries or regions that have experienced include:
is a complex process that can have significant impacts on communities and economies, and can be difficult to address.
Break-of-Bulk Point
: A break-of-bulk point is a location where goods are transferred from one mode of transportation to another, such as from ship to truck or train.Commodity Chain
: A commodity chain is a series of links connecting the many places of production and distribution, resulting in a final product that is then sold to consumers.Deindustrialization
: Deindustrialization refers to a process where there's a significant decline in industrial activity in a region or economy. It's often due to outsourcing, technological change, environmental concerns or economic shifts.Periphery
: In the context of AP Human Geography, periphery refers to less developed countries or regions that are economically and politically weaker than core countries. They often rely on exporting raw materials and labor-intensive production.Primary Production
: Primary production refers to the sector of an economy that involves the extraction or harvesting of natural resources such as mining, agriculture, and fishing.Quaternary Production
: This refers to the knowledge-based part of the economy, which includes services such as information technology, research and development, financial planning, education, and consulting.Quinary Production
: This sector involves high-level decision making within an economy or society. It includes top executives or officials in government, industry leaders in science and technology sectors etc., who create new ideas that drive economic activity.Secondary Production
: Secondary production refers to the sector of an economy that transforms raw materials into finished goods through manufacturing processes.Semi-Periphery
: In world-systems theory, semi-periphery countries are those that are industrializing and have characteristics of both core countries (developed) and periphery countries (less developed).Tertiary Production
: Tertiary production refers to the sector of an economy that provides services rather than producing tangible goods.Trading Between Countries
: Trading between countries, also known as international trade, involves the exchange of goods and services across national borders.© 2024 Fiveable Inc. All rights reserved.
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