Economic sector

One classical breakdown of economic activity distinguishes three sectors:[1]

  • Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. (A coal miner, farmer or fisherman would be workers in the primary sector.)
  • Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)
  • Tertiary: involves the supplying of services to consumers and businesses, such as baby-sitting, cinema and banking. (A shopkeeper and an accountant would be workers in the tertiary sector.)

In the 20th century, economists began to suggest that traditional tertiary services could be further distinguished from "quaternary" and quinary service sectors. Economic activity in the hypothetical quaternary sector comprises information- and knowledge-based services, while quinary services include industry related to human services and hospitality.[2]

Economic sectors and income
This figure illustrates the percentages of a country's economy made up by different sectors. The figure illustrates that countries with higher levels of socio-economic development tend to have proportionally less of their economies operating in the primary and secondary sectors and more emphasis on the tertiary sector. The less developed countries exhibit the inverse pattern.
The distribution of the workforce among the three sectors
Three sectors according to Fourastié
Clark's sector model
Clark's sector model

Historic evolution

An economy may include several sectors (also called "industries") that evolved in successive phases:

Even in modern times, developing countries tend to rely more on the first two sectors, in contrast to developed countries.

By ownership

An economy can also be divided along different lines:

See also

References

  1. ^ Zoltan Kenessey. "The Primary, Secondary, Tertiary and Quaternary Sectors of the Economy" (PDF). The Review of Income and Wealth. Retrieved 20 April 2012. Regarding the terminology itself Clark informs that "the term tertiary industries was originated by Professor A. G. B. Fisher in New Zealand, and became widely known through the publication of his book, The Clash of Progress and Security, in 1935. It took its origin from the titles current in Australia and New Zealand of 'primary industry' for agriculture, grazing, trapping, forestry, fishing and mining, and 'secondary industry' for manufacture. In Australia and New Zealand these terms are not only used in statistical reference books but are widely current in popular discussion. The phrase 'tertiary industries' therefore immediately carries, in these countries, a suggestion of those excluded by the official definition of 'secondary industries."
  2. ^ Matt Rosenberg (14 January 2007). "Sectors of the Economy". About.com. Retrieved 20 April 2012.
Agriculture in Ghana

Agriculture in Ghana consists of a variety of agricultural products and is an established economic sector, and provides employment on a formal and informal basis. Ghana produces a variety of crops in various climatic zones which range from dry savanna to wet forest and which run in east–west bands across Ghana. Agricultural crops, including yams, grains, cocoa, oil palms, kola nuts, and timber, form the base of agriculture in Ghana's economy. In 2013 agriculture employed 53.6% of the total labor force in Ghana.

Al-Ghassaniyah

Al-Ghassaniya (Arabic: الغسانية‎ also spelled Ghassaniyeh) is a town in central Syria, administratively part of the Homs Governorate, located south of Homs and just east of Lake Qattinah. Nearby localities include Kafr Mousa to the south, district capital al-Qusayr 13 kilometers to the southeast, al-Buwaida al-Sharqiya to the east and Qattinah to the northeast.

According to the Syrian Central Bureau of Statistics (CBS), al-Ghassaniya had a population of 4,509 in the 2004 census. Its inhabitants are predominantly Christians and there is a minority of Murshidiyeen, who are members of a heterodox offshoot of the Alawites. The Jihadist village was bombed in April 2018. The village's main source of income is from agriculture and residents mostly grow cabbage and potatoes. However, fishing is also a major economic sector.During the Syrian civil war, al-Ghassaniya was besieged by anti-government rebels for roughly eight months between September and May 2013. According to residents, the rebels were based in the surrounding villages and prevented them from using the road. Thus, they were required to obtain food products and petrol by using Lake Qattinah to access villages on the other sides of the lake, particularly Debbine on the southwestern shore. The Syrian Army recaptured the village in early May and the siege was subsequently lifted.

Allgäu

The Allgäu (Standard German: [ˈalɡɔʏ̯]) is a region in Swabia in southern Germany. It covers the south of Bavarian Swabia, southeastern Baden-Württemberg and parts of Austria. The region stretches from the prealpine lands up to the Alps. The main rivers flowing through the Allgäu are the Lech and Iller. Allgäu is not an administrative unit.

The Allgovian area is notable for its beautiful landscapes and is popular for vacations and therapeutic stays. It is well known in Germany for its farm produce, especially dairy products including Hirtenkäse ("herdsman's cheese") and Bergkäse ("mountain cheese"), a generic alpine product also from Austria and Switzerland. Besides tourism and dairy products, another important economic sector is the building of industrial equipment and machines. Fendt tractors, developed and produced in Marktoberdorf are one of the most famous products of the region.

"Allgovia" is occasionally used as a synonym for the region. The alpine regions of the Allgäu rise over 2,000 metres in altitude and are popular for winter skiing. The castle of Neuschwanstein is in the eastern part of the Allgäu.

Corporate statism

Corporate statism, state corporatism, or simply corporatism, is a political culture and a form of corporatism closely related to fascism whose adherents hold that the corporate group which is the basis of society is the state. The state requires all members of a particular economic sector to join an officially designated interest group. Such interest groups thus attain public status, and they participate in national policymaking. The result is that the state has great control over the groups, and groups have great control over their members.As with other political cultures, societies have existed historically which exemplified corporate statism, for instance as developed by Othmar Spann and Benito Mussolini.

Corporate statism most commonly manifests itself as a ruling party acting as a mediator between the workers, capitalists and other prominent state interests by institutionally incorporating them into the ruling mechanism. Corporatist systems were most prevalent in the mid-20th Century in Europe and later elsewhere in developing countries. According to this critique, interests, both social and economic, are so diverse that a state cannot possibly mediate between them effectively through incorporating them. Social conflicts go beyond incorporated dichotomies of labor and capital to include innumerable groups. Furthermore, globalization presents challenges, both social and economic, that a corporate state cannot sufficiently address because these problems transcend state borders and approaches. It therefore differs from Corporate nationalism in that it is a social mode of organization rather than an economic nationalism through private business corporations.

Fläming Heath

The Fläming Heath is a region and a hill chain that reaches over 100 km from the Elbe river to the Dahme River in the German states Saxony-Anhalt and Brandenburg. Its highest elevation is the Hagelberg (201 m). The name Fläming originates from the 12th century, when Flemish colonists came to settle in the region from the overcrowded cities of Flanders.

Today, the Fläming Heath is a rural area, which benefits from its proximity to the Berlin metropolitan area. Tourism became an important economic sector. With its three nature parks (High Fläming Nature Park, Fläming Nature Park, and Nuthe-Nieplitz Nature Park), the focus is on walking, cycling and recreation in nature. Another tourist attraction is Flaeming-Skate, which is one of the longest inline-skating tracks in Europe (190 km).

The towns Ziesar, Bad Belzig, Niemegk, Treuenbrietzen, Jüterbog, Baruth/Mark, Dahme/Mark, Wittenberg, Loburg, Möckern, and Zerbst, as well as the municipalities Wiesenburg (Mark) and Rabenstein/Fläming, are situated in or at the border of the Fläming Heath.

Four Asian Tigers

The Four Asian Tigers, Four Asian Dragons or Four Little Dragons, are the economies of Hong Kong, Singapore, South Korea and Taiwan, which underwent rapid industrialization and maintained exceptionally high growth rates (in excess of 7 percent a year) between the early 1960s (mid-1950s for Hong Kong) and 1990s. By the early 21st century, all four had developed into high-income economies (developed countries), specializing in areas of competitive advantage. Hong Kong and Singapore have become world-leading international financial centres, whereas South Korea and Taiwan are world leaders in manufacturing electronic components and devices. Their economic success stories have served as role models for many developing countries, especially the Tiger Cub Economies of southeast Asia.A controversial World Bank report (The East Asian Miracle 1993) credited neoliberal policies with the responsibility for the boom, including maintenance of export-oriented policies, low taxes, and minimal welfare states; institutional analysis also states some state intervention was involved. However, others argued that industrial policy and state intervention had a much greater influence than the World Bank report suggested.

Jableh District

Jableh District (Arabic: منطقة جبلة‎, romanized: manṭiqat Jablah) is a district of the Latakia Governorate in northwestern Syria. Administrative centre is the city of Jableh. At the 2004 census, the district had a population of 196,171.Agriculture has remained the most important economic sector in the province, with citrus fruits, apples, and olives being the main cash crops. Tourism mostly from the Persian Gulf States is also a major source of income for the inhabitants during the summer season.

Latakia District

Latakia District (Arabic: منطقة اللاذقية‎, romanized: manṭiqat al-Lādhiqīyah) is a district of the Latakia Governorate in northwestern Syria. Administrative centre is the city of Latakia. At the 2004 census, the district had a population of 526,888.Agriculture has remained the most important economic sector in the province, with citrus fruits, apples, and olives being the main cash crops. Tourism mostly from the Persian Gulf States is also a major source of income for the inhabitants during the summer season.

List of companies of Yemen

Yemen is an Arab country in Western Asia at the southern end of the Arabian Peninsula. As of 2013, the country had a GDP (ppp) of US$61.63 billion, with an income per capita of $2,500. Services are the largest economic sector (61.4% of GDP), followed by the industrial sector (30.9%), and agriculture (7.7%). Of these, petroleum production represents around 25% of GDP and 63% of the government's revenue.Yemen's industrial sector is centered on crude oil production and petroleum refining, food processing, handicrafts, small-scale production of cotton textiles and leather goods, aluminum products, commercial ship repair, cement, and natural gas production. As of 2013, Yemen had an industrial production growth rate of 4.8%. It also has large proven reserves of natural gas. Yemen's first liquified natural gas plant began production in October 2009.

Lunda Norte Province

Lunda Norte is a province of Angola. It has an area of 103,760 km² and a population of 862,566. Angola's first President, Agostino Neto, made Lucapa the provincial capital after independence, but the capital was later moved to Dundo. The province borders the Democratic Republic of Congo in the northeast and Lunda Sul in the south. Municipalities in this province include Capemba-Camulemba, Caumbo, Caungula, Chitato, Cuango, Cuilo, Lubalo, Lucapa, and Shah-Muteba. The province is rich in gold and diamonds, but remains vastly underdeveloped and impoverished. UNITA used the money generated from the sale of diamonds to fund war efforts. Cuango River valley, the richest diamond area of Angola is located in the province. Mining is done by notable companies like DeBeers and Endiama. The Lunda province whose capital was Saurimo was created by the Portuguese colonial empire on July 13, 1895. It was divided into Lunda-Sul and Lunda-Norte subdivisions through a constitution act in 1978 by the People's Movement for the Liberation of Angola (MPLA) government. Iron and manganese mining are also important economic activities. It is well known for its sculptures. The most notable one is The Thinker (O Pensador), a sculpture of a man holding his head. It is rich in terms of flora and fauna.Lunda Norte is populated by Chokwe, Lunda, and other ethnical groups. Ernesto Muangala is the current governor of the province. Lino dos Santos, Deolinda Odia Paulo Satula Vilarinho and Ângêlica Nené Curita Ihungo are the deputy governors for Technical and Infrastructure Services, Economic Sector Area and Political and Social Sector Area respectively. An ethnographic museum located in the province attracts a large number of tourists. During the Angolan Civil War (1975-2002) a large number of civilians were killed in the clashes between National Union for the Total Independence of Angola (UNITA) and Angolan Armed Forces (FAA). Diamond mining operations were also affected. A large number of landmines laid during the civil war are still present in the province. Leprosy and Elephantiasis are major disease which affect the province.

Manufacturing in Puerto Rico

Manufacturing in Puerto Rico is the largest economic sector in the economy of Puerto Rico; composing almost half (about 46%) of the gross domestic product (GDP) of Puerto Rico. All manufacturers in Puerto Rico are in some way interconnected with the Puerto Rico Industrial Development Company (PRIDCO) which provides substantial incentives for companies that manufacture in Puerto Rico. Manufacturers are also voluntarily interconnected through the Puerto Rico Manufacturers Association which serves as their primary trade association and their main lobby group upon the Legislative Assembly of Puerto Rico. Most manufacturing in Puerto Rico today is the product of Operation Bootstrap.

Music industry of East Asia

The music industry of East Asia, a region that includes Mainland China, Hong Kong, Macau, Japan, Mongolia, North Korea, South Korea and Taiwan is a rapidly growing economic sector that is home to some of the world's largest music markets.

Naaldwijk

Naaldwijk (Dutch pronunciation: [ˈnaːltʋɛi̯k]) is a town in the Dutch province of South Holland. It is a part of the municipality of Westland, and lies about 10 km southwest of The Hague.

Naaldwijk lies in the heart of Westland. The largest economic sector is greenhouse horticulture. The largest flower auction site in the world, operated by FloraHolland, can be found in the nearby village of Honselersdijk.

Naaldwijk was previously a municipality in its own right, covering an area of 25.33 km² (of which 0.23 km² water). It included the towns Honselersdijk and Maasdijk.

On 1 January 2004 the municipality of Naaldwijk was merged with the neighbouring municipalities De Lier, 's-Gravenzande, Monster, and Wateringen to create the

municipality of Westland. Naaldwijk is now the administrative capital of Westland.

The village of "Naaldwijk" has a population of around 15,440.

The statistical area "Naaldwijk", which also can include the surrounding countryside, has a population of around 17,370.

Pietroasele

Pietroasele is a commune in Buzău County, Romania, known for its vineyards. The name means "the rockies". The commune is composed of six villages: Câlțești, Clondiru de Sus, Dara, Pietroasa Mică, Pietroasele and Șarânga. It became famous with the discovery in 1837 of the Pietroasa Treasure composed of several pieces of gold and precious stones. The Romanian historian Alexandru Odobescu wrote a book on the archaeological discovery.

The village is a popular center with several archaeological sites such as the Dacian fortress at Dari Gruiu. The six locations that make up the commune were built after the sixteenth century, on the lands of freeholders and lords of the neighboring village of Bădeni, and were later divided into three municipalities: Pietroasa de Jos, Pietroasa de Sus and Șarânga, which were merged in 1968.

Although it was initially a center for stone extraction, today viticulture is the main economic sector of the village, known for Romanian wine. The Viticulture Research Center found here is managed by the University of Agricultural Sciences in Bucharest.

Statista

Statista is a German online portal for statistics, which makes data collected by market and opinion research institutes and data derived from the economic sector and official statistics available in English, French, German and Spanish. It is one of the most successful statistics databases in the world According to the company, its platform contains more than 1,000,000 statistics on more than 80,000 topics from more than 22,500 sources. The company states that it covers 170 different industries. According to Statista, the platform has more than 1.5 million users and generates a revenue of about €50 million. Apart from statistics, Statista also provides data on market forecasts, white paper studies, dossiers, industry reports, digital market outlooks and consumer market outlooks.

Telecommunications in Ghana

Telecommunications in Ghana include radio, television, fixed and mobile telephones, and the Internet.

Telecommunications is the main economic sector of Ghana according to the statistics of the World Bank due to the Ghana liberal policy around Information and communications technology (ICT). Among the main sectors of investments, 65% is for ICT, 8% for communications and 27% is divided for public administration.

Telecommunications in Serbia

Telecommunication in Serbia is an important economic sector, accounting for 4.7% of country's GDP in 2015.

Third sector

Third sector may refer to:

Voluntary sector, the economic sector consisting of non-governmental organizations and other non-profit organizations

Public–private partnership, a company jointly owned by government and private interests

Third Sector (magazine), a British magazine

Wood industry

The wood industry or lumber industry is a—usually private—economic sector concerned with forestry, logging, timber trade, and the production of forest products, timber/lumber, primary forest and wood products (e.g. furniture) and secondary products like wood pulp for the pulp and paper industry. Some largest producers are also among the biggest timberland owners.

The wood industry plays a dominating role in today's wood economy.

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