Search results
Results From The WOW.Com Content Network
The four-sector model adds the foreign sector to the three-sector model. [17] [18] [23] (The foreign sector is also known as the "external sector," the "overseas sector," [19] or the "rest of the world.") Thus, the four-sector model includes (1) households, (2) firms, (3) government, and (4) the rest of the world. It excludes the financial sector.
A basic version of the Sector model. The sector model, also known as the Hoyt model, is a model of urban land use proposed in 1939 by land economist Homer Hoyt. [1] It is a modification of the concentric zone model of city development. The benefits of the application of this model include the fact it allows for an outward progression of growth.
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.
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials , manufacturing , and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector . [1] The model was developed by Allan Fisher, [2] [3] [4] Colin Clark, [5] and Jean ...
The Dual Sector model, or the Lewis model, is a model in developmental economics that explains the growth of a developing economy in terms of a labour transition between two sectors, the subsistence or traditional agricultural sector and the capitalist or modern industrial sector.
Its head, Philippa Childs, said: “Channel 4 costs the UK taxpayer nothing, yet gives us a thriving independent production sector, thousands of jobs and world-renowned, innovative content.
The First Five-Year Plan stressed investment for capital accumulation in the spirit of the one-sector Harrod–Domar model. It argued that production required capital and that capital can be accumulated through investment : the faster one accumulates capital through investment, the higher the growth rate will be.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!