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Friday 29 November 2019

The three sectors of economy

Here is a simple explanation of the three sectors of the economy.

Primary: we extract raw materials: mining, fishing, farming and forestry.

Secondary: we transform raw materials into manufactured products ready to sell.

Tertiary: services including transportation.


As we said the primary sector has four groups: Farming, Fishing, Mining and Forestry.


Remember: Arable Farming produces CROPS and other products. Irrigated Farming is when the farmers have to water their CROPS. 


Deep-sea Fishing takes place far from the coast and uses big ships. 

A QUARRY is an open mine where coal and minerals are extracted. 

The secondary sector transforms raw materials like wood or metals into manufactured products. Normally this happens in factories. Therefore we have industries. The car industry, the textile industry, toy industry, the steel industry, etc.


The secondary sector became more important after the first industrial revolution which happened around 1784 with the invention of the steam engine. 

A textile factory at the beginning of the XIX Century. 

If you want to know more about the first industrial revolution you can search on the internet or watch this video.

THE SECOND INDUSTRIAL REVOLUTION


Thomas Edison was an important inventor in the second industrial revolution. He invented the light bulb and people started to use electricity in their homes. 


Three things that made possible the SECOND INDUSTRIAL REVOLUTION were:

  1. The use of electricity and the invention of the lamp
  2. The invention of the telephone
  3. The first cars with internal combustion
CLUE: In the secondary sector, different types of products are produced. Some products are used to make other products. This type of products is called an intermediate product.


37 comments:

  1. Thanks for the video but I do not understand the tertiary sector
    Can you explain my please?

    ReplyDelete
    Replies
    1. The tertiary sector is the one that doesn't produce anything physycal, an object, food, a product. It gives you a SERVICE. For instance, you need a doctor, the doctor gives you a service, you need to transport things, a transport company gives you a service. A teacher gives you a service, when you buy some shoes in a shop, they don't make the shoes, they just sell them, and it is a service. Think the primary sector is to get things from nature, the secundary is to transform them and the tertiary is to sell things which can be sometimes not physical, like when you need a lawyer. I hope it helps!

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  2. Thanks simón to explain my the tertiary sector.☺😊

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  3. Thanks for the video and information of first industrial revolution. Nuria

    ReplyDelete
  4. Thanks for the things of the book celia sierra 5a

    ReplyDelete
  5. You are Going to put blues for the exam?I am Rocio

    ReplyDelete
    Replies
    1. Yes! Here is a clue. A quarry is an open mine where coal and other minerals are extracted. All the clues are on the post. Post = entrada en el blog.

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  6. Hi! I'm Edurne. I'm studying for the exam. ☺️

    ReplyDelete
  7. HI SIMÓN, I HAVE A QUESTION:if you cook natural food .it's primary sector sector or secondary sector.
    bye.








    ReplyDelete
    Replies
    1. It depends. If it's a restaurant it's tertiary. If it is a factory it will be secondary.

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  8. Hi, Simon! Do we have to study the industrial revolution for this exam?

    ReplyDelete
    Replies
    1. Yes! The first and the second. Only the slides that we saw and all the information is here.

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  9. Hello Simon I am Javier thank you for put all this things

    ReplyDelete
  10. I am Alex Ruiz I like the clue. It's good.Thanks!

    ReplyDelete
  11. Thanks Simon for put all the things of the economy

    ReplyDelete