Economic Sectors
Extraction of raw materials and natural resources from the earth’s surface.
Examples include: mining, fishing, agriculture, forestry
What is Primary Economic Activities?
“A specified state of growth or advancement.”
Variations in development on different scales - global, regional, local.
What is Development?
Total value of officially recorded goods and services by the citizens and corporations within a country’s borders in a given year.
What is Gross Domestic Product (GDP).
Calculation of the average number of children per woman.
What is Total Fertility Rate (TFR)?
The number of births per 1,000 women aged 10-19 years old.
What is Adolescent Fertility?
Processing and manufacturing raw materials into a finished product.
Examples include: factories & manufacturing
What is Secondary Economic Activities?
In less developed countries, the economy is mostly made up of….
What is primary economic activities?
Measures the distribution of income within a population.
What is the Gini Coefficient?
The number of deaths of infants under one year old in a given year per 1,000 live births.
What is Infant Mortality Rate (IMR)?
Do women have access to secondary school?
LOW access in LDCs
High access in DCs and MDCs
What is Educational Attainment?
Service sector that focuses on moving, selling, and trading products in primary and secondary sectors.
Examples include: retail, marketing, design, restaurants, shipping
What is Tertiary Economic Activities?
In what ways can we measure a country's development?
(E)conomically, (S)ocially, (P)olitically, and their treatment of the (N)atural Environment
Most accurate measure of wealth, because it accounts for the impacts of trade.
What is Gross National Income (GNI)?
Average number of years a person is expected to live based on mortality rates when they were born.
What is Life Expectancy?
Do women work outside of the home?
What percent of a country's women work outside of the home?
What is Labor Force Participation?
Knowledge-based sector, focusing on research and information creation and transfer.
Examples include: investment banking, real estate, college professors, education, software developers
What is Quaternary Economic Activities?
As a country becomes more developed, the primary sector __________ due to an increase in _____________ So,the tertiary sector….
"As a country becomes more developed, the primary sector declines due to an increase in industrialization. So, the tertiary sector is also going to increase."
Total value of goods and services by the citizens and corporations of a country as well as foreign investments in a given year.
What is Gross National Product (GNP)?
The rate a country's people are able to read and write.
LOW in LDCs
Almost widespread for most
other countries.
What is Literacy Rate?
Proportion of women that hold seats in Congressional positions - parliament
The numbers are all over the place! Not a steady trend of MDCs vs. LDCs.
What is Parliamentary Representation?
Highest levels of decision making, includes top officials in government and business.
Examples include: Congress, CEOs
Decisions impact millions
What is Quinary Economic Activities?
Energy consumption
MDCs - Highest per capita consumption of energy
Demand for use of fossil fuels is increasing in DCs
Renewable Energy
Nuclear energy is increasing in MDCs
Hydroelectric is higher in DCs
What is the Use of Fossil Fuels & Renewable Energy?
Average per capita income is higher in developed countries because...
people typically work in the tertiary sector, which pays more than the other two sectors.
Score between 0 and 1
Lower the score, LESS developed. Higher the score, HIGHER development.
Combination of the
four different indicators
makes HDI a MORE
accurate measure of
development than other
measures - like IMR
alone.
What is Human Development Index (HDI)?
Score between 0 and 1
Maternal Mortality (MMR): Rate of women who die during pregnancy or within one year of pregnancy due to pregnancy related complications for every 100,000 births.
Labor force participation + education attainment + adolescent Fertility rate
What is Gender Inequality Index (GII)?