GEOG 1014 Lecture Notes - Lecture 3: Quaternary Sector Of The Economy, Washing Machine, Pineapple
Document Summary
Every job falls into one of four sectors. Each sector provides different things of different values to state economy. Ex: farming, fishing, forestry, mining (oil, coal, zinc, magnesium, copper, iron, minerals, fossil fuels, metals). Not worth much until you do something with it, commodities themselves are very low value. Ex: oranges to orange juice, raw coffee beans to roasted, pineapple to cans of chunked pineapple, fish to filet, logs to 2x4s, iron ore to steel, oil to gasoline, oil to plastics. Manufacturing: some raw and some processed to make finished/consumer goods ex: shoes, cars, textiles, mills, electronics, washing machines, tvs, dvds, cds. Service sector- where you sell all the stuff. Ex: contractor- arranges to put lots of secondary items together and assemble a house (bricks, stove, pipes, washing machine), plumber, brick mason, electrician (directly or to contractor) where most of us have worked.