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Secondary Activities
Secondart Economic Activities
Term | Definition |
---|---|
describe slowly developing countries | Very poor, difficult to benefit from industrial revolution. • Once referred to as the Third world countries. • Over reliant on the Primary sector. • Little of no involvement in manufacturing or services. Characteristics include: • Famine • War |
define HDI | Human Development Index is a score that was developed by the UN using a variety of factors that indicate how developed a country is. The scale goes from 0 -1 with 1 being the most developed. |
define GPD | Gross Domestic Profit is used to indicate the development of a country. It is the total of the market value of all products and services created in a country. Calculating the score: 1. Calculate the total value of goods produced and services provided i |
describe developed countries | Also known as the North (including Australia and New Zealand). • Very strong economies. • Went through industrialisation early in history. Characteristics include: • Good healthcare • Good educational system • High-quality infrastructure Hi |
describe developing countries | Developing world - developing rapidly due to the manufacturing industry. • Known as tiger economies • Industrialisation presently occurring rapidly. • High levels of employment in the secondary sector. • Exporting goods. Characteristics include: |
Market place | an open space where a market is or was formerly held. |
Labour force | all the members of a particular organization or country who are able to work, viewed collectively. |
Manufacture | make (something) on a large scale using machinery |
Capital | Capital the city or town that functions as the seat of government and administrative centre of a country or region. |
Footloose | able to travel freely and do as one pleases due to a lack of responsibilities or commitments. |