Essential Question What are the levels of economic development and how do they affect workers?
What is a natural resource? A natural resource refers to something found in nature or in the environment that is useful to people. Some examples of natural resources include: trees, petroleum, natural gas, coal, salt, and metal ores.
There are two types of natural resources; renewable and non-renewable. RenewableNon-Renewable Renewable are can be regrown or replaced after they are used Non-renewable resources are irreplaceable
What is a consumer? A consumer is a person who buys goods and services YOU are a consumer
Economies Need Infrastructure Electricity Clean Water Roads Airports Sanitation/Sewers Schools Hospitals Communication TV, radio, Internet
What does industry mean? Industry refers to any activity in which goods are produced or services are given. There are four types: Primary Secondary Tertiary Quaternary
Based upon the levels of use of natural resources
Primary What raw materials are needed to make something?
1. Primary Primary Industries are basic industries that use natural resources. Their products come from the land or water. Drilling for oil is a primary industry. Agriculture, mining, hunting, & fishing
Subsistence Farmer A subsistence farmer is someone who grows only enough food to feed his or her family They are the most primary level of economic activity
How much education is necessary to work in a primary industry? Where do you think primary industries are located?
Secondary What do you need to make (manufacture) something?
2. Secondary Secondary Industries are industries that take resources or products from primary industries and make them into completed products or finished goods. Industry, manufacturing, & construction
How much education is necessary to work in a secondary industry? Where do you think secondary industries are located? Near the natural resources? If not, why not? How do the resources get to the factories?
Tertiary What needs to happen to get the product to retailers and sell it?
3. Tertiary Tertiary Industries provide services that help in the running of other industries or make our lives more pleasant (service industries). Trade and exchange of goods and services Distribution of resources. Government agencies (like police & fire), banks, restaurants, transportation, stores, & entertainment
How much education does a worker need in a tertiary industry? Where do you think they are located?
Quaternary What do you need to do to get consumers to buy the product?
4. Quaternary Quaternary Industries are those people who plan a country’s economy, research new products and advise industries, or are high- level managers. They are the fourth level of industry who create and transfer information. Professors, doctors, computer analysts, engineers, scientists
How much education would you need to lead a company or to be an information technology professional? Where do you think these jobs are found?