GEOG 1HB3 Lecture Notes - Lecture 23: Megacity, Business Process Outsourcing, Orphan Drug
18 Dec 2017
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Document Summary
Canada (like other mdw economies): economic transitions: Secondary (industrial) to tertiary (services): shift to a post-industrial" society. Re-shaped what people do every day and; Shift to a post-industrial society: economic restructuring. People are employed to provide services to others. Consider: the transition of the production and consumption of food. Agriculture from subsistence to commercial (specialization i. e. corn farm, and produces in masses) Are all these services alike: consumer services: retail, education, health, leisure/hospitality, etc, business services: professional, financial, clerical, information & transportation, etc, public services: government, police, fire, etc. Businesses use retail stores, hospitality services, etc. Transitions: from one dominant type of activity to another. Canada: industrial to postindustrial - as measured to employment & gdp. What about global patterns, has the same transition occurred elsewhere as in. Services: 40% (ldw) and 70% (mdw) of gdp. Gdp: all economies have expanded their service activities in the era of globalization. The recent growth/expansion has been greatest among less developed economies.
