Search results
Results From The WOW.Com Content Network
The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy. [1] This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, entertainment, broadcasting, mass ...
At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.
Three sectors according to Fourastié Clark's sector model. One classical breakdown of economic activity distinguishes three sectors: [1] Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the primary sector.
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
This is necessitated by the demands of a tertiary and quaternary sector: in order to better service an industry focused on finance, education, communication, management, training, engineering, and aesthetic design, the city must become points of exchange capable of providing the most updated information from across the globe.
Colin Clark's sector model of an economy undergoing technological change. In later stages, the Quaternary sector of the economy grows. Historically certain manufacturing industries have gone into a decline due to various economic factors, including the development of replacement technology or the loss of competitive advantage.
The Journal of Quaternary Science is a peer-reviewed academic journal published on behalf of the Quaternary Research Association. It covers research on any aspect of quaternary science . The journal publishes predominantly research articles with two thematic issues published annually, although discussions and letters are occasionally published ...
Clark's sector model of an economy undergoing technological change. In later stages, the Quaternary sector of the economy grows. During a visit to Australia and New Zealand in 1937 and 1938 he accepted a position with the Queensland Government at the invitation of the premier Forgan Smith . [ 4 ]