Definitions
What is forestry?
This activity involves managing forests to obtain natural products: wood (furniture, paper), rubber, resins, etc.
What is included in the primary sector?
Includes any economic activity related to obtaining food and raw materials from nature.
raw materials, making products
What is the definition of transport?
Transferring goods from the sites of production to those of consumption and moving people between places.
What is construction?
Using raw materials, such as iron, wood and stone, to build roads, bridges, railway lines, ports, airports, households, etc.
In MEDCs, what percentage of workers are employed in the primary sector?
Less than 5%
What were the first regions to be industrialized?
England, the Ruhr basin in Germany, and the Appalachians in the United States.
In the tertiary sector, governments provide ______ and ________ education as a public service.
free and compulsory
What is the definition of economy?
the social science that deals with the study of the use of a country’s resources in order to satisfy the population needs.
Which are in the primary sector?
Drilling for oil, picking fruit, cutting trees, rearing pigs
Picking fruit, rearing pigs
To what regions are manufacturing processes moving to?
Southeast Asia, South America, and Africa.
Tertiary sector: In most _________ and ___________ __________, a __________ proportion of workers are employed in this sector.
developed and developing countries
growing
What does "door to door" transport mean and which type of transportation is "door to door" and which is not?
You can transport goods and people from any point of origin to any point of destination without needing further transport.
Road transport is, rail transport is not.
What is the difference between intensive farming and extensive farming?
Intensive farming is producing a high output from a small area of land and extensive farming is producing a low output from a large area of land.
What are three renewable resources and three nonrenewable resources?
Renewable: sunlight, wind, water, and geothermal)
Nonrenewable: fossil fuels (oil, coal, natural gas, uranium)
What are two advantages and two disadvantages of water transport?
Adv: It is the cheapest type of transport. You can carry heavy and large goods easily. Lower levels of pollution (CO2 emissions).
Disadv:
It is slow, not very attractive for passengers. It pollutes mainly due to oil spills.
What is the difference between wholesale trade and retail trade?
Wholesale trade consists of buying goods from producers in large quantities and selling them in smaller quantities to others wholesalers or retailers.
Retail trade consists of the sale of goods to the consumer directly in department stores, supermarkets,etc., or through e-commerce (e-mail, online shopping apps, etc.).
Wholesale trade doesn't reach the consumer.
What are the pros and cons of subsistence farming versus commercial farming?
Subsistence farming: farming to feed yourself and your family
Commercial farming: farming to make profit from sales of production
What is the difference between light and heavy industry?
Heavy industry involves making strong building materials like iron or steel for construction work and light industry involves other manmade manufactured products.
Explain international trade using importation, exportation, and Commercial Balance.
Importation (action of buying goods or services from another country) and exportation (action of selling goods and services in a foreign country) are recorded in the Commercial Balance (the difference between the monetary value of a nation's exports and imports over a year).