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AIM: What are services and how do they serve society?

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Presentation on theme: "AIM: What are services and how do they serve society?"— Presentation transcript:

1 AIM: What are services and how do they serve society?

2 Define Services

3 Services Consumer Business Public

4 Employment Change in U.S.
Fig 12-2: Growth in employment in the U.S. since 1970 has been entirely in the tertiary sector, with the greatest increase in professional services.

5 Quaternary Industries
Quaternary Industries/Sector Government supported use of modern technology in research and development to train and provide information to other industries. Intellectual activities Activities associated included government, culture, libraries, scientific research, education and information technology as well as knowledge-based services like consultation, education, financial planning, blogging, and designing.

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8 Quinary Industries Quinary Industries/Sector
Grows out of the leadership of the quaternary sector where highest-level of decision making happens Decisions made by top-level executives in big business high level fields of government, science, industry, business, non-profit, healthcare, culture and media about development Alternate interpretation: not the direct successor to quarternary industry, mainly just requiring a population base and the taxing of other profitable industry sectors

9 Quinary Industries Quinary Industries/Sector
Services focus on the creation, re-arrangement and interpretation of new and existing ideas data interpretation and the use and evaluation of new technologies. Referred as ‘gold collar’ professions => represent subdivision of the tertiary sector highly paid skills of senior business executives, government officials, research scientists, financial and legal consultants, etc. Importance in the structure of advanced economies far outweighs their numbers

10 Percent GDP from Services, 2005 What are the developmental characteristics of this map? Consider grography, trade regions, paradigms of analysis, core-periphery, govts., resources. Fig. 12-1: Services contribute over two-thirds of GDP in more developed countries, compared to less than one-half in less developed countries.


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