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Recently created sector that processes ideas rather than products
Similar to tertiary because it also involves the knowledge-based side of the economy
Involves gathering and sharing information
Some people consider this sector the same as the tertiary sector
After extraction and manufacturing, we try to sell, market and distribute the product
Also known as service sector or industry
Made up more from the "soft" parts for the economy
More knowledge based rather than physically based
Very dependent on the economy
Very important to the economy
Like primary involves physical labour and production
Roughly 70% of Canada's workforce
Dramatic increase in job availability in this sector over past 100 years
Fastest growing sector
Generally people working in this sector make the most money
Majority of these jobs are located in densely populated regions
The smallest of the 2 other industries
mentioned
GDP of this industry $39,493,000 in 2013
Government workers
Financial Services
Consulting
Real Estate
Education
Restaurant/Hospitality
Attention (Supervision)
Advice
Access
Experience
Discussion
This sector is responsible for manufacturing, warehousing, and shipping
Canada's national wealth grows whenever there is construction or the installation of machinery and equipment
The GDP in the construction industry is $113,373,000 as of 2013
Takes up 18% of the Canadian workforce as of 2013
Utilities industry take up 0.8% of entire workforce
Construction take up 7.4% of the workforce
Manufacturing 8.2%
A non-basic industry in industry that reuses the money within a local economy. No new money is brought into the community and the service or product is only offered to the people within the community.
The basic industry is an industry that brings money into the local economy. These industries benefit the local economy the most
The GDP in this industry was 169 billion dollars
Large part of entire Canadian economy
Responsible for huge variety of products
Adds value to extracted products from primary sector
Manufacturing
Construction
Utilities (plumber, electrician, etc.)
The extracted raw materials are now shipped to warehouses
An example of a basic industry would be a commercial fruit orchard.
The fruits would be bought and shipped to another community.
An example of a non-basic job is a hair dresser
A hair dresser would cut the hair of people within the community keeping the money in that economy
Canada is a great country with a very broad and developed economy
We have jobs that vary from province to province
Our economies wide variety of industries and products help us trade with many countries to give us strong trading relations and therefore a strong economy
We are the second largest exporter of lumber
This industry accounted for 2% of the total gross domestic product in 2011
Forestry provides jobs for 233,900 people
1. Primary
2. Secondary
3. Tertiary
4. Quaternary
The fishing industry involves taking, processing, preserving, storing, transporting, marketing or selling fish
This industry varies severely in importance
Example: Canada has a larger fishing industry than the Czech Republic
Mining is a small but crucial industry for all countries
Can be "make or break" a countries economy
Examples a strong economies are, Alberta, Monaco, and Dubai
Agriculture takes is generally the most popular industry in the primary sector
Only 1% of Kenya's workforce in the primary sector is not in the Agricultural industry
More products can be produced in developed countries despite smaller workforce because of more advanced materials (pesticides, and tractors)
Takes up roughly 4% of Canadian workforce
This stat varies between cities, provinces, and regions
Primary sector usually most important in developing countries - less important in developed countries
Kenya's primary sector takes up 27% of their workforce
Ontario's primary sector takes up just 2% of their workforce
Niagara/ St. Catherine's primary sector 4% of that workforce