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SECTORS OF ECONOMY - Coggle Diagram
SECTORS OF ECONOMY
Quaternary sector
consultancy (offer advice to businesses)
R&D (research and development, scientific field)
ICT (information and communication technologies)
information services (computing)
Tertiary sector (20th century)
commercial services
help industry produce and distribute goods to final consumers
heathcare, leisure, tourism, education, telecommunication,..
Primary sector (20th century)
Agriculture (trồng trợ, chăn nuôi)
extract raw materials from the earth (exploit)
Quinary sector
top executives or officials
in such fields as
government, science, universities, nonprofits, health care, culture, and the media
. It may also include
police and fire
departments, which are
public services
as opposed to for-profit enterprises
Secondary sector (20th century)
raw materials -> finished products (dệt may, chế biến TP)
Advanced countries have expertise in higher edu -> focus on thus rather than make things more cheaply
Call centres, accouting, writing software (ser) can be outsourced to cheaper countries. Advanced countries should concetrate on high quality manu
millions travel and live in major cities 'cuase of arts nad entertainment -> manu and heavy industry cand and should be done elsewhere
service sector jbs depend on manufacturing industry
World's major economies (US, China, France,...) are major manufacturers fo exported goods
Manu will decline in advanced countries and be replaced by services because labor costs -> delocalize to low-cost countries
depend on ser is dangerous. Big ciies need factories too