THE DIFFERENT SECTORS
OF THE ECONOMY
RB, p. 14-16
MK U7
THE THREE SECTORS
 PRIMARY SECTOR involves extracting raw materials
and natural resources from the earth.
Examples?
 SECONDARY SECTOR includes manufacturing,
processing and construction which transform raw
materials into goods.
Examples?
 TERTIARY SECTOR involves the provision of
services.
Examples?
/ˈtɜr ʃiˌɛr i, ˈtɜr ʃə ri/
EXAMPLES
 EXTRACTING OIL
FROM THE EARTH
 AGRICULTURE
 FARMING
 HARVESTING
 MINING COAL
 FISHING
 FORESTRY
EXAMPLES
•
•
•
•
•
PROCESSING WOOD
ASSEMBLING A CAR
CONSTRUCTING A MACHINE
MANUFACTURING FURNITURE
PRODUCING A BAG
EXAMPLES
 INSURANCE
 SALES
 BANK
 RETAIL
 HOSPITALITY
INDUSTRY
 NEWS & MEDIA
 LEGAL PRACTISE
 REAL ESTATE
 HEALTHCARE
 TRANSPORTATION
FINISH THE SENTENCE…
 Primary sector involves...
 extracting raw…
 materials and natural resources from…
 the earth.
 Secondary sector includes manufacturing,
processing and construction which transform raw…
 materials into…
 goods.
 Tertiary sector involves the provision of…
 services.
MORE SECTORS…
(SUBSETS OF THE TERTIATY SECTOR?)
THE QUATERNARY SECTOR
 information and knowledge-based services
(intellectual services)
EXAMPLES
computing, ICT, consultancy, R&D
MORE SECTORS…
(SUBSET OF THE TERTIATY SECTOR?)
THE QUINARY SECTOR
senior management levels in non-profit
organizations, media, arts, culture, higher
education, science and technology…
FURTHER RESEARCH:
DIFFERENCE BETWEEN QUATERNARY AND QUINARY SECTOR
WHICH SECTOR DO THEY WORK IN?
 FARMER
 LAWYER
 BLUE-COLLAR
WORKER
 NURSE
 WAITRESS
 BUSINESS
CONSULTANT
 CONSTRUCTION
WORKER
 SHIP BUILDER
 HAIRDRESSER
 MINER
 LUMBERJACK
 UNIVERSITY
PROFESSOR
SORT THEM OUT:
forestry/ building/ transport/ teaching/ mining/
shoe production/ quarrying/ car production/
steel production/ shipbuilding/ textile industry/
engineering/ theatre/ real estate
Primary
sector
Secondary
sector
Tertiary
sector
OCCUPATIONAL SHIFT THROUGH SECTORS
HOW MUCH DO YOU KNOW ABOUT…?
 manufacturing (production of consumer goods) today
 its historic and geographical features
 outsourcing & labour costs
 job security nowadays
Read the text on p. 14 in RB and find out more.
Make a note-form summary
MANUFACTURING GRAVITATES TO THE EAST
 EXAMPLES OF GROWTH IN THE EAST:
COUNTRY + INDUSTRY
1)
2)
3)
 REASONS: 1)
2)
MANUFACTURING JOBS DECLINE IN THE WEST
 EXAMPLES :
1)
2)
3)
 CONSEQUENCES:
1)
2)
3)
MANUFACTURING GRAVITATES TO THE EAST
MANUFACTURING GROWS IN THE EAST
1) China → toys, shoes, steel
2) South Korea→ shipbuilding
3) Bangalore→ skilled labour, hi-tech industries
REASONS: 1) low labour costs
2) efficient production methods
MANUFACTURING JOBS DECLINE IN THE WEST
EXAMPLES : shipbuilding, coal mining, steel industry
CONSEQUENCES: unemployment (shipbuilding)
outsourcing
low job security
RB, p. 63
FURTHER PRACTISE
LISTENING:
THE BUSINESS
NEWS (MK, p.46)
VOCABULARY:
INDUSTRIES &
SECTORS (RB, p. 16)
MANUFACTURING AND SERVICES
 READING 1:
 READING 2:
STATEMENTS IN
SUPPORT OF
MANUFACTURING OR
SERVICES?
J. K. GALBRAITH’S
VIEW ON
MANUFACTURING
AND SERVICES
MK, p. 45
RB, p. 15