Tertiary Activities Flashcards
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Questions and Answers

What are activities connected directly to the earth through gathering, extracting, or growing raw materials?

  • Tertiary activities
  • Secondary industries
  • Producer services
  • Primary activities (correct)

    • What industries turn raw materials into products?

    Secondary industries

    What part of the economy fulfills the exchange function and provides market availability of commodities?

    Tertiary activities

    What did many MDCs experience in the late 20th and early 21st centuries?

    <p>Deindustrialization</p> Signup and view all the answers

    What has rising labor costs in MDCs and growth of transnational corporations produced?

    <p>New international division of labor</p> Signup and view all the answers

    What are countries with advanced economies and a very high percentage of service jobs referred to as?

    <p>Post-industrial</p> Signup and view all the answers

    What percentage of the U.S. labor force in 2010 were tertiary, secondary, and primary workers respectively?

    <p>86%; 13%; 1%</p> Signup and view all the answers

    In which sector of the economy did virtually all job growth occur in the past two decades?

    <p>Services</p> Signup and view all the answers

    What does GDP stand for?

    <p>Gross domestic product</p> Signup and view all the answers

    Do MDCs have a higher percentage of tertiary activities compared to LDCs?

    <p>True</p> Signup and view all the answers

    What are services performed by individuals called?

    <p>Consumer services</p> Signup and view all the answers

    What are services performed for corporations and other businesses called?

    <p>Producer services</p> Signup and view all the answers

    What two factors contribute to the growth in the health care industry?

    <p>Rising incomes and aging of society</p> Signup and view all the answers

    By definition, what activities are market-oriented?

    <p>Service</p> Signup and view all the answers

    Why did department stores leave downtown areas?

    <p>Middle class residents moved to suburbs so they followed to suburban shopping malls</p> Signup and view all the answers

    What is the world's largest industry in jobs and total value generated?

    <p>Tourism</p> Signup and view all the answers

    Approximately what percentage of the world's GDP is derived from travel and tourism?

    <p>9%</p> Signup and view all the answers

    In what way has tourism become post-Fordist?

    <p>Transitioned away from mass production to numerous fragmented consumer niches</p> Signup and view all the answers

    What is the major problem with most jobs from tourism?

    <p>Low-skill, low-wage, exploitative</p> Signup and view all the answers

    Do tourist destinations ever go out of style?

    <p>True</p> Signup and view all the answers

    What form of tourism focuses on education, minimizing environmental impacts, and using locally owned services?

    <p>Ecotourism</p> Signup and view all the answers

    Is revenue from professional sports higher than from gambling?

    <p>False</p> Signup and view all the answers

    In what state is Atlantic City located?

    <p>New Jersey</p> Signup and view all the answers

    Which two countries is Monaco near?

    <p>France and Italy</p> Signup and view all the answers

    What country does Macau belong to?

    <p>China</p> Signup and view all the answers

    Around how many Indian casinos are there in the U.S.?

    <p>400</p> Signup and view all the answers

    What activities are highly dependent on communication?

    <p>Producer services</p> Signup and view all the answers

    What types of tasks are typically involved in the front office?

    <p>Face-to-face interactions</p> Signup and view all the answers

    Where are back office activities most cost-effectively handled?

    <p>Low-rent, low-labor-cost locations</p> Signup and view all the answers

    What have been the central elements in the internationalization of services?

    <p>Rapid advances and reduced costs in information and communications technology</p> Signup and view all the answers

    Which country has been particularly successful in attracting outsourced service sector jobs?

    <p>India</p> Signup and view all the answers

    What does BPO mean?

    <p>Business process outsourcing</p> Signup and view all the answers

    Study Notes

    Primary, Secondary, and Tertiary Activities

    • Primary activities involve gathering, extracting, or growing raw materials directly from the earth.
    • Secondary industries transform raw materials into finished products.
    • Tertiary activities encompass exchange functions, market availability of commodities, and connecting consumers with service providers.
    • Many more developed countries (MDCs) faced significant deindustrialization in the late 20th and early 21st centuries.
    • Rising labor costs in MDCs, alongside transnational corporations' growth and outsourcing, led to a new international division of labor.
    • In 2010, the U.S. labor force had 86% tertiary workers, 13% secondary workers, and 1% primary workers.
    • All net job growth in the past two decades occurred in the services sector.

    GDP and Service Industry

    • GDP stands for gross domestic product, a key economic measure.
    • MDCs typically feature a higher percentage of tertiary activities compared to less developed countries (LDCs).

    Types of Services

    • Consumer services are performed for individuals, while producer services are aimed at corporations and businesses.
    • The healthcare industry's growth is propelled by rising incomes and an aging population.
    • Services are inherently market-oriented activities.
    • Department stores transitioned from downtown areas to suburban malls due to population movement.
    • Tourism is the world's largest industry in terms of employment and total value generated, contributing approximately 9% to global GDP.
    • Tourism has evolved to cater to fragmented consumer niches rather than mass production.

    Challenges in Tourism

    • Many jobs within the tourism sector are characterized as low-skill, low-wage, and can be exploitative.
    • Tourist destinations can lose popularity over time, indicating that they do go out of style.

    Specialized Tourism

    • Ecotourism emphasizes educational experiences, minimal environmental impact, and local service utilization.
    • Revenue generated from gambling surpasses that from professional sports.

    Notable Locations

    • Atlantic City is located in New Jersey and is known for its casinos.
    • Monaco is near France and Italy, while Macau is a Special Administrative Region of China.
    • There are approximately 400 Indian casinos operating in the U.S.

    Communication in Producer Services

    • Producer services heavily rely on effective communication.
    • The front office typically involves face-to-face interactions essential for maintaining a positive corporate image.
    • Back office tasks are most efficiently managed in low-rent, low-labor-cost settings.

    Technological Influence

    • Rapid advancements and reduced costs in information and communication technology have been crucial for the internationalization of services.
    • India has emerged as a successful hub for outsourced service sector jobs, particularly in business process outsourcing (BPO).

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    Description

    This quiz covers the definitions and concepts related to tertiary activities as outlined on pages 303-310. Test your knowledge on the different sectors of the economy, including primary and secondary activities, and their roles in production and exchange.

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